A Canadian individual investor invested $100,000 in the shares of a European corporation, giving the investor a 20% ownership in the company. During the year the investor received dividends of 5,000. The average Euro--to-Canadian dollar exchange rate for the year was 0.65. The investor's tax rate is 40% on regular income, 25% on eligible dividends, and 30% on non-eligible dividends. dividends,. The European corporattion is subject to a tax rate of 42% on all business income, and is required to withhold 30% on dividends paid to foreign shareholders. What is investor's total tax liability for Canadian and foreign taxes paid on the dividends received from the European corporation?

A. $3,077

B. $2,000

C. $1,923

D. $2,846

E. none of the above