Pendora Inc. is a Canadian-Controlled Private Corporation that operates a food delivery service in Ontario. Its sole shareholder, Eli, owns 100% of Pandora Inc. For the company's taxation year ended December 31st 2022, the company calculated its Division B income as follows:
Business income	$450,000.00
Property income (Note 1)	$120,000.00
Taxable Capital Gains (Note 2)	$30,000.00
Division B net income for tax purposes	$600,000.00
Notes:
(1) The company's property income consists of the following items:
Interest incoem from Canadian bonds	$20,000.00
Interest income from overdue Accounts Receivable	$10,000.00
Eligible dividends received from a CDN public corp. (0.2% ownership)	$40,000.00
Non-eligible dividends received from Rose Inc. (20% ownership)	$50,000.00
Total Property Income	$120,000.00
The other 80% of Rose Inc. are owned by unrelated persons. Rose Inc. received a $95,000 dividend refund from their eligible RDTOH in 2022 from their dividend payments.
(2) $25,000 of the company's taxable capital gains were earned from the sale of land previously used in the business. The remaining $5,000 originated from the sale of public corporation shares in the company's portfolio.
(3) The company donated $10,000 to registered charities during the year.
(4) The corporation's carry-forward balances from the previous year(s) are as follows:
Net capital losses from 2017	$28,000.00
Non capital losses from 2021	$15,000.00
Undeducted charitable donations from 2021	$6,000.00
Non-eligible RDTOH from 2021	$0.00
Eligible RDTOH from 2021 (before refund)	$18,000.00
Pendora Inc. received a $6,000 dividend refund from their eligible RDTOH in 2021.
(5) The corporation's taxable capital is $9,500,000.
(6) Eli and her sister also jointly own another corporation, Pom Inc., a confectionary business. 70% of the company's shares are owned by her sister, with Eli holding the remaining 30%.
(7) Additional information on aforementioned corporations for the 2022 tax year are below:
	Rose Inc.	Pom Inc.
Taxable Capital	$3,000,000.00	$2,000,000.00
Passive Income (Adjusted AII)	$15,000.00	$25,000.00
Small Business Deduction claimed to reduce tax payable	$0.00	$5,700.00
(8) Ontario's corporate tax rates in 2022 are: 3.2% for income that qualify for the federal Small Business Deduction, and 11.5% for all other income. The company's only permanent establishment is in Ontario, with no income from other provinces or countries.
(9) Pendora Inc. paid $50,000 of eligible and $40,000 of non-eligible dividends in 2022
Required:
a) Compute the federal Part 1 tax, provincial tax, and Part 4 tax payable by the corporation for the 2022 taxation year. Show in detail the calculations of all tax deductions. Assume investment income earned in the current and prior year are indentical.
b) Compute the refundable dividend tax on hand balances as of December 31, 2022. Compute the dividend refund for the 2022 taxation year, showing all your calculations.