B Ltd. sold its assets on January 2, 20X5, two days after its December 31, 20X4 year-end for $1,600,000. The sale price includes inventory $100,000, land $600,000, and building $900,000. The original cost of these assets was: inventory $60,000, land $500,000, and building $800,000. The undepreciated capital cost of the building was $730,000. There are no liabilities. At December 31, 20X4 the Non-eligible RDTOH balance was $40,000. Determine the amount available for distribution to the shareholders after the sale of assets. Assume a provincial tax rate of 4% on the first $500,000 of business income and 12% on the remainder.