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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 $ and taxable income of $ The net income includes $ of taxable Canadian dividends, $ taxable capital gains, and $ interest income. X Ltd and Y Ltd are associated and Y claimed the small business deduction on $ of active business income. Determine Xs small business deduction.
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