The following information relates to the operations of Powder Ltd. for the taxation year ended December 31, 2019 (all amounts are based on the relevant tax rules):

Net Business Loss	$212,700
Dividends From Taxable Canadian Corporations	$50,250
Taxable Capital Gains	$14,400
Allowable Capital Losses	$6,638
Charitable Donations	$8,100

At the beginning of the taxation year, the Company had a carry forward of unused charitable donations of $1,975 from the previous year, and a net capital loss carry forward of $14,500.

It is the policy of the Company to minimize net capital loss balances prior to using any other type of carry over balance.

Required: Calculate the Powders minimum Net Income For Tax Purposes and Taxable Income for its 2019 taxation year. Indicate any balances available for carry forward to subsequent years.