through May 31, 2021, the Company has a business loss of $91,000. shares are acquired by an unrelated corporation. For the period January 1, 2021 lacobucci Inc. has a December 31 tax year end. On June 1, 2021, all of the Company's addition, the Company has the following capital properties: On May 31, 2021, the Company has a 2019 net capital loss balance of $125,000. In Capital Property Land Class 8 property ACB & Capital Cost $610,000 UCC N/A FMV $740,000-> 515,000 -> 375,000 $280,000 14ok terminal Loss Advise the lacobucci Inc. on the tax implications of the acquisition of control and the most appropriate election(s) to be made. Explain your results. The Grip bol The Nov 30, 2021 bal of eligible & non-eligible ROTOH