Blackfoot Portfolio Ltd. (Blackfoot) is a CCPC. The following information relates to the 2019 taxation year:

Non-eligible dividend received from a wholly owned subsidiary that is a CCPC is $3,000. The wholly owned subsidiary did not receive any dividend refund as a result of the dividends paid to Blackfoot.

AII is $1,000.

Part I tax payable before dividend refund is $1,000. Taxable non-eligible dividends paid to shareholders are $2,000.

Opening NERDTOH balance after accounting for a prior-year dividend refund is $200.

There is no balance in ERDTOH

4. What was Blackfoot's NERDTOH balance at the end of 2019?

a) $ 306.67

b) $ 506.67

c) $ 586.67

d) $1,656.67