What amount of aggregate investment income included

Assignment Help Accounting Basics

Reference no: EM132757336

Question: You have been provided with the following information for Parthenon Ltd. for its current taxation year:

Taxable capital gains realized 25,000

Foreign dividends received 8,600

Canadian dividends received 10,900

Net capital loss carryover used in the year 4,600

Non-capital loss carryover used in the year 10,200

Foreign business income earned 28,700

What amount of aggregate investment income (AII) will be included in Parthenon's net and taxable income in the year?

Reference no: EM132757336

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