Question: During the current year, Limerick Ltd. has a business loss of $230,000, net taxable capital gains of $51,000, an allowable business investment loss of $11,000,

During the current year, Limerick Ltd. has a business loss of $230,000, net taxable capital gains of $51,000, an allowable business investment loss of $11,000, and receives taxable dividends from taxable Canadian corporations in the amount of $38,000. What is the amount of the non-capital loss for the year? ... O A. $152,000 B. $190,000 O c. $230,000 O D. $241,000

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