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An individual had employment income in 20X7 of $50,000. He had had loss carry forward...

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Accounting

An individual had employment income in 20X7 of $50,000. He had had loss carry forward amounts of net capital losses ($20,000), non-capital losses ($22,000), and farm losses ($24,000). What maximum amount of losses carry forward would he claim in 20X7?

A) $50,000

B)$46,000

C) $66,000

D)$20,000

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