Compute the corporations non-capital loss for current year

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Reference no: EM133328203

Question: JST Limited has computed the following income (loss) for the year ended December 31, 2022:

Loss from business	(258000)
Income from property including dividends of $21,500 received from taxable Canadian corporations	64,500
Capital gains	92,800
Capital losses	(24000)
Business investment loss	(32000)

The corporation has a net capital loss of $54,000 arising from 2016.

Compute the corporations non-capital loss for the current year.

Reference no: EM133328203

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