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X Ltd . has net income for tax purposes of $ 1 1 0 , 0 0 0 and taxable income of $ 8 0

X Ltd. has net income for tax purposes of $110,000 and taxable income of $80,000. The net income includes $7,000 of taxable Canadian dividends, $9,000 taxable capital gains, and $6,000 interest income. X Ltd. and Y Ltd. are associated and Y claimed the small business deduction on $200,000 of active business income. Determine Xs small business deduction.
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