22. (4 marks) (SHOW ALL CALCULATIONS) Elaine Ltd. is a Canadian-controlled private corporation. Its refundable dividend tax on hand (RDTOH) accounts at December 31, 2019 was $ Nil. For its 2020 taxation year the following transactions occurred: a) The corporation received non-eligible Canadian taxable dividends from a non-connected private corporation of $60,000. b) The corporation received Canadian interest income of $ 30,000 c) The company received eligible Canadian taxable dividends of $ 30,000 from a non- connected private corporation d) The company paid taxable non-eligible taxable dividends of $ 75,000 and non-eligible non-taxable dividends of $ 20,000 Required: (show all calculations) a)- Calculate the balances of the Elaine Ltd.'s eligible and non-eligible RDTOH accounts at its yearend date of December 31, 2020. b)- Calculate the 2020 dividend refunds for Elaine Ltd. from both RDTOH accounts. 22. (4 marks) (SHOW ALL CALCULATIONS) Elaine Ltd. is a Canadian-controlled private corporation. Its refundable dividend tax on hand (RDTOH) accounts at December 31, 2019 was $ Nil. For its 2020 taxation year the following transactions occurred: a) The corporation received non-eligible Canadian taxable dividends from a non-connected private corporation of $60,000. b) The corporation received Canadian interest income of $ 30,000 c) The company received eligible Canadian taxable dividends of $ 30,000 from a non- connected private corporation d) The company paid taxable non-eligible taxable dividends of $ 75,000 and non-eligible non-taxable dividends of $ 20,000 Required: (show all calculations) a)- Calculate the balances of the Elaine Ltd.'s eligible and non-eligible RDTOH accounts at its yearend date of December 31, 2020. b)- Calculate the 2020 dividend refunds for Elaine Ltd. from both RDTOH accounts