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Vancouver Ltd$.$ is a CCPC with a calendar$-$based taxation year end. The following information is available for the $2023$ taxation year:

View the information for $2023.$

Required

calculations used to provide the required information, including those for which the result is nil.

First, work on the small business deduction. Find each of the three amounts below. $($Round your answers to the nearest whole dollar.$)$

Active business income

Taxable income less foreign non$-$business tax credit

Allocated annual business limit

Information for $2023$

The company had Canadian active business income of $$354,000.$ Of

this total, it was determined that $$193,000$ qualified as M&P profits under ITR

$5200$

In $2023,$ the company received $$33,000$ in foreign investment income. This

was net of $$5,500$ that was withheld in the foreign jurisdiction for income tax.

The $2023$ net income is $$405,100.$ This is made up of the $$354,000$ in active

business income, the $$38,500$ in foreign investment income, and $$12,600$ in

taxable capital gains

Because of a $2021$ non$-$capital loss balance of $$71,500$ that was deducted in

$2023$ taxable income is $$333,600.$

The company shares the annual business limit for the SBD with two

associated companies. Vancouver's share of this limit is $$174,000.$

The corporation's SBD is based on this amount.

Assume that the foreign tax credit for foreign investment income is equal to

the $$5,500$ withheld.

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