Cinder Inc. is a Canadiancontrolled private corporation based in your province. The company operates a wholesale business. The following information is provided for its year ended May :

Net income for tax purposes is $ The following are included in this amount.

Interest income from bonds $

Interest income on overdue trade accounts receivable

Taxable capital gain on sale of land

Eligible dividends from Canadian public corporations

Noneligible dividends from PQ Ltdsee item below

PQ Ltd is a Canadiancontrolled private corporation. Cinder owns of its common voting shares. In PQ claimed the small business deduction on $ of its active business income. PQ paid a noneligible dividend of $ of which Cinders share is $ As a result of the dividend, PQ received a dividend refund of $ from its noneligible RDTOH.

Cinder made contributions of $ to registered charities. This amount has been correctly adjusted for in computing net income for tax purposes.

The following information is from the Tax return of Cinder.

Noncapital losses $

Noneligible refundable dividend tax on hand

Eligible refundable dividend tax on hand

Dividend refund

Taxable capital Under $ million

Adjusted aggregate investment income $

On May Cinder paid taxable dividends of $eligible $ and noneligible $ to its shareholders.

Required:

Determine Cinders federal income tax for the taxation year. Use when multiplying to represent and when multiplying to represent Do not multiply by more than decimal places and

round your final answer to the nearest dollar. Enter subtractions as negative amounts.