Problem: The following information on Dunway Limited., a Canadian public company, applies to its 2021 taxation year ending July 31, 2021: Business Revenues were $825,000 with business expenses being 65% of revenues Canadian Taxable Dividends from Controlled Subsidiary, $17,500 Canadian Dividends from Non-Controlled Public Companies, $15,000 Capital Gain on Investment Sale, $22,000 Donations to Registered Canadian Charities, $167,000 The Company has a 2019 net capital loss balance of $18,000 and a 2019 non-capital balance of $37,000. The company does not anticipate any capital gains in the foreseeable future. The accounting business income is equal to the business income for income tax purposes therefore there are no reconciliation adjustments required. Required Calculate the minimum 2022 net income and taxable income. Report any carryovers that will be available to apply to other taxation years.