Computer Ltd$.$ generated the following data for its December$31,20$X$9$ taxation$$ year:

Taxable Capital Gains$$ $$17,500$

Interest Income$$ $$50,000$

The balance in the tax accounts on January$1,20$X$9$:

Charitable Donation carryforwards $$ $$15,000$

Net capital loss from $20$X$1$ $$4,000$

$$Non$-$capital loss from $20$X$6$ $$10,000$

What is the minimum taxable income to be reported on Computer Ltd$.$ corporate tax$$ return?

A$.$

$$$$70,000$

B$.$

$$$$36,500$

C$.$

$$$$56,000$

Your answer is not correct.D$.$

$$$$38,500$

This is the correct answer.