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Barltrop Limited is a Canadian public company involved in the software consulting business. Its controller provided you with the following information related to its 2012

Barltrop Limited is a Canadian public company involved in the software consulting business. Its controller provided you with the following information related to its 2012 taxation year ended December 31: Income under Division B from consulting business including $100,000 Earned in U.S. operations (before deducting $16,000 U.S. tax paid) $264,000 Canadian investment royalty income..10,000 U.K. non-foreign affiliate dividend income (before $3,000 tax withheld) 20,000 Taxable dividend received from non-connected Canadian corporations.5,000 Taxable capital gains .6,000 Charitable donations. 100,000 Unused foreign tax credit in respect of U.S .3,000 Net capital losses carried forward arising in 1999..12,000 Barltrop Limited has permanent establishments in the United States, British Columbia, and Alberta. Its gross revenues and salaries and wages data have been allocated as follows: Assume that the British Columbia and Alberta corporation tax rates are both 10%. Also, assume that taxable income for Alberta is computed on the same basis as federal taxable income. Gross revenues exclude income from property not used in connection with the principal business operation of the corporation. REQUIRED Compute the total tax payable by the company for the 2012 taxation year, including provincial tax. Show all calculations.

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