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Based on above and assuming that all of the opening and carryforward balances are $nil, compute the following for the CCPC's year ended December 31,2022

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Based on above and assuming that all of the opening and carryforward balances are \$nil, compute the following for the CCPC's year ended December 31,2022 : 1. Net Income for Tax Purposes (NITP); 2. Taxable Income; 3. Active Business Income; 4. Aggregate Investment Income; 5. Federal Part I Tax Payable; 6. Federal Part IV Tax Payable; 7. RDTOH Refund; 8. Total Federal Taxes Payable; and 9. Closing / Carryforward Balances - RDTOH, Losses, etc. How would the answer to 'Q1' above change under the following independent situations: 1. Department A Business Income, is net of Charitable Donations of $100,000; 2. Department B: (i) incurred a loss of $95,000; and (ii) income is $495,000; 3. Non-eligible Dividends from Canadian Corporations only totaled $10,000; 4. CCPC paid: (i) $50,000 in Dividends; and (ii) $500,000 in Dividends; 5. Opening RDTOH Balance is $10,000; 6. Opening Non-capital Loss Carryforward Balance is: (i) $100K; and (ii) $500K; 7. Opening Net Capital Loss Carryforward Balance is: (i) $5,000; and (ii) $20,000; 8. The CCPC also earned Net Rental Income of $25,000; and 9. Approximately 20% of the Income was not earned in a Canadian Jurisdiction

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