ABC Corporation a technology company and a CCPC provide you the following information:

Last Year'sNet Income for Tax Purposes was $800,000.Includedin the net income was Charitable Donations of $100,000, and Canadian dividend income of $100,000.

The company'sTaxable Capitalfor this year andlast yearwill be $9 mil.

This year'sTaxable Income/Loss will be aloss of ($100,000).

The company incurred $4 million qualified SRED expenditures,this year.

Required

1.Based on the above information, please calculate, the company's Totalmaximum SRED Cash Refund and/or Non-Refundable Credit for this year.