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The following information relates to the operations of Netem Inc. for the taxation year ended December 31, 2019: Net Business Loss $141,800 Dividends From Taxable

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The following information relates to the operations of Netem Inc. for the taxation year ended December 31, 2019: Net Business Loss $141,800 Dividends From Taxable Canadian Corporations 33,500 Taxable Capital Gains 9,600 Allowable Capital Losses 4,425 Charitable Donations 5,400 At he beginning of the taxation year, the Company had a carry forward of unused charitable donations of $1,350 from the previous year, and a not capital loss carry forward of $10,500 [(1/2)($21,000)). It is the policy of the Company to minimize not capital loss balances prior to using any other type of carry over balance. Required: Calculate the corporation's minimum Not Income for Tax Purposes and Taxable income for its 2019 taxation year. Indicate any balances available for carry forward to subsequent years

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