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What is the net capital loss carryforward for the year

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Question - GMS Ltd has the following information for the year

Business investment loss (150,000)

Capital Gains 8,000

Allowable capital losses (3,000)

Other Division B Income 60,000

Charitable Donations made (7,000)

Required - What is the net capital loss carryforward for the year?

Reference no: EM132614182

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