Please calculate ABC Corporation's Small Business Deduction this year, based on the following financial information...
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Accounting
Please calculate ABC Corporation's Small Business Deduction this year, based on the following financial information from this year:
| Total Active Business Income (the Canadian Portion is 90%) | $100,000 |
| Net Income for tax purposes | $220,000 |
| Charitable Donations | $20,000 |
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