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X Ltd . has net income for tax purposes of $ 7 0 , 0 0 0 and taxable income of $ 5 0 ,

X Ltd. has net income for tax purposes of $70,000 and taxable income of $50,000. The net income includes $5,000 of taxable Canadian dividends, $8,000 taxable capital gains, and $4,000 interest income. X Ltd. and Y Ltd. are associated and Y claimed the small business deduction on $160,000 of active business income. Determine Xs small business deduction.

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