Edmonton Ltd$.$ commenced operations in $2022$ and has two separate lines of business. They sell candles at the farmers$$ market and an operation that provides payroll services to local businesses. The income $($loss$)$ of the two operations for the years $2022$ and $2023$ is as follows:

Year

Farmers' Market Operation

Payroll Operation

$2022$

$-$$$129071$

$$38579$

$2023$

$$51099$

$$76519$

The company has no deduction from net income for tax purposes other than the possible loss carry forwards from $2022.$

Determine the amount of taxable income in $2023,$ assuming that there was no acquisition of control on January $1,2023.$

Answer:Question $6$