This and the following 4 questions will share this data. There are a total of 5 questions on accounting for taxes and each are worth 2 marks In its first two years of operations LUNA BELLE Limited (LBL) paid taxes of $8,500 on taxable income of $50,000. The tax rate for 2021 is 18%. UUNA BELLE Limited's loss before taxes for 2021 is $172,000. Included in LUNA BELLE Limited's expenses this year is $725,000 in depreciation expense, and meals and entertainment costs of $15,000. At the beginning of the year, LUNA BELLE Limited had a future tax liability of $25,500 based on $150,000 of temporary differences felated to its fixed assets. UUNA BELLE Limited will claim $680,000 of CCA in 2020. Management anticipates using all of the loss carry-forwards within the allowable carry forward period. LUNA BELLE Limited has a calendar year end. What is LUNA BELLE Limited's taxable income (loss) for 2021. loss of $127,000 loss of 5112,000 loss of 5119,500 loss of 5209,500