Ms$.$ Shelly Smith is a $48-$year$-$old widow who works as a course assistant at a local college. In $2024$ her salary is $$75,000$ from which her employer withheld the following amounts: $$ RPP contributions $ $2,960$ EI premiums $1,049$ CPP contributions $4,056$ Disability insurance premium $205$ Income tax $27,500$ Ms$.$ Smith pays one$-$half of the total disability insurance premium to the group plan, with her employer paying the balance. The plan provides periodic benefits that compensate for lost employment income. She began making payments in $2022$ and made payments of $$200$ in $2022,$ $$250$ in $2023,$ and $$205$ in $2024.$ In $2024,$ because of an extended illness, she received benefits of $$5,600.$ In addition to her salary, her employer provides her with a monthly allowance of $$400$ for maintaining an office in her home. This office is her principal work location. The office occupies $15\%$ of her home including a component for common areas following the methodology acceptable to the CRA, and, in $2024,$ the expenses of the home were as follows: $$ Interest on mortgage $ $4,200$ Municipal property tax $2,750$ Electricity and water $1,340$ Maintenance and repairs $1,800$ Home insurance $820$ Ms$.$ Smith was the author of a popular series of novels that had many devoted followers impatiently waiting for the next book. For $2024,$ the details of her business were as follows: $$ Book royalties $($$$75,000$ were paid in February $2024,$ the remainder was paid in December $2024)$ $$212,000$ Assistant$$s fees $36,000$ Research purchases $($Note $1)2,250$ Promotional travel expenses $($Note $2)14,850$ Business cell phone charges $600$ Purchase of new office furniture $8,400$ Purchase of new desktop and laptop equipment $8,000$ Purchase of new iPad Pro $1,800$ Office supplies $3,480$ Note $1$ Ms$.$ Smith had been approached to write a movie or mini$-$series based on her books. To prepare, she purchased access to TV series and movies that were similar to her books. She viewed all of her purchases and made many notes for a pilot episode for a new series. She gave them all away to be sold at the local high school$$s fundraising sale. Note $2-$ Ms$.$ Smith$$s publisher reimbursed her $100\%$ for her travel expenses. She was very popular at book fairs and book readings and her public appearances always resulted in a major increase in sales. Ms$.$ Smith has two children and they both live with her. Her daughter, Amy, is $19$ years old and, in $2024,$ she was in full$-$time attendance at the local university for eight months of the year. Her $2024$ tuition fees of $$8,200$ were paid by Ms$.$ Smith. Amy has net income and taxable income of $$7,300$ for $2024.$ She has agreed to transfer the maximum amount of her tuition credit to her mother. Her son, Mark, is $23$ years old and volunteers at a local youth centre. Although he has a physical infirmity, it is not severe enough to qualify for the disability tax credit. Mark had no income in $2024$ since he works on a volunteer basis for a non$-$profit organization that provides services to individuals with disabilities. The family$$s medical expenses, all of which have been paid by Ms$.$ Smith, were as follows: $$ Ms$.$ Smith $ $962$ Amy $2,450$ Mark $8,600$ Total medical expenses $$12,012$ At the beginning of $2024,$ Ms$.$ Smith owns two residential rental properties, both purchased in $1999.$ On January $1,2024,$ the UCC of property A was $$156,000.$ The cost of property A was $$245,000,$ including $$40,000$ for the land and $$205,000$ for the building. Property B had a cost of $$426,000,$ including $$100,000$ for the land and $$326,000$ for the building. The UCC balance of property B at January $1,2024,$ was $$276,000.$ On June $1,2024,$ property A was sold for $$201,000,$ including $$40,000$ for the land and $$161,000$ for the building. On that same date, a new residential rental property was purchased at a cost of $$322,000,$ including $$75,000$ for the land and $$247,000$ for the building. In $2024,$ Ms$.$ Smith received rents of $$42,000$ and had rental expenses, other than CCA, of $$32,500.$ Ms$.$ Smith owns shares of Canadian public corporations that paid eligible dividends of $$9,300$ and non$-$eligible dividends of $$2,930.$ in $2024.$ She also owns shares in a foreign corporation that paid dividends of C$$5,600.$ The government in the foreign country withheld income tax of $$840,$ giving Ms$.$ Smith a net amount of $$4,760.$ Ms$.$ Smith also owns shares of a private corporation $($XYZ Corp$)$ which she inherited from her husband. During the year, the corporation realized capital gains of $$136,000$ and capital losses of $$35,000.$ Last year, the corporation also received life insurance proceeds upon the death of Mr$.$ Smith. Total proceeds received were $$750,000.$ The life insurance policy has an adjusted cost base of $$5,000.$ There have been no other transactions impacting the corporation$$s capital dividend account. XYZ Corp intends to pay the maximum capital dividend possible to Ms$.$ Smith.

Calculate XYZ Corp$$s capital dividend account balance. Ms$.$ Smith like to know the personal tax implications of receiving this capital dividend