Answer in type written please.

Q. No. 2- A Canadian private corporation incurred the following transactions in previous years: In 2004, a capital asset was sold that resulted in a capital gain of $12,000 In 2005, a capital asset was sold that resulted in a capital loss of $4,000 In 2006, a capital dividend of $1,000 was paid 3 In 2011, life insurance proceeds of $50,000 were received; the policy had an adjusted cost base of $10,000. In the current year, a capital dividend of $15,000 was received. Determine the current balance in the capital dividend account based on the above information