Question: McDonald Ltd. generated the following data for its December 31, 2024 taxation year: Capital Gains Sold in May 2024 $90,000 Interest Income $50,000 The balance

McDonald Ltd. generated the following data for its December 31, 2024 taxation year: Capital Gains Sold in May 2024 $90,000 Interest Income $50,000 The balance in the tax accounts on January 1, 2024 Charitable Donation carryforwards $12,000 Net Capital loss from 1999 $15,000 Non Capital loss from August 2016 $10,000 Business Investment Loss Dec 2018 $6,000 What is the minimum taxable income (rounded to the nearest dollar) to be reported on McDonald's corporate tax return

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