$x$ Ltd$.$ has net income for tax purposes of $$120,000$ and taxable income of $$90,000.$ The net income includes $$8,000$ of taxable

Canadian dividends, $$7,000$ taxable capital gains, and $$9,000$ interest income. $x$ Ltd$.$ and $Y$ Ltd$.$ are associated and $Y$ claimed the

small business deduction on $$460,000$ of active business income. Determine $x\text{'}$s small business deduction.

Note: Do not place a minus sign in front of the amount.X Ltd$.$ has net income for tax purposes of $$120,000$ and taxable income of $$90,000.$ The net income includes $$8,000$ of taxable Canadian dividends, $$7,000$ taxable capital gains, and $$9,000$ interest income. X Ltd$.$ and Y Ltd$.$ are associated and Y claimed the small business deduction on $$460,000$ of active business income. Determine X$$s small business deduction.