Computer Ltd generated the following data for its December 31, 20X9, taxation year:
Taxable Capital Gains: $17,500
Interest Income: $50,000
The balance in the tax accounts on January 1, 20X9:
Charitable Donation carryforwards: $15,000
Net capital loss from 20X1: $4,000
Non-capital loss from 20X6: $10,000
What is the minimum taxable income to be reported on Computer Ltd's corporate tax return?
A. $70,000
B. $36,500
C. $56,000
D. $38,500