Brianne is at the federal marginal tax rate (MTR) of 26% for income tax purposes. All of her investments are held in her non-registered discount brokerage account. The only tax credit remaining available to Brianne is the eligible dividend tax credit.

Earnings	Amount	Note
Dividends	$800	From three companies for which she received additional company shares because of her dividend reinvestment plan (DRIP). The three companies operate only in Canada and pay taxes at regular rates.
Dividends	$250 CDN	Canadian owned company with its sole operations in California on which no foreign taxes were paid. (See textbook regarding foreign dividends - no gross-up or dividend tax credit)
XYZ Inc. Common shares sold	$25,000 total sales proceeds	The adjusted cost base (ACB) is $22,000

Given the gross-up and dividend tax credit rates provided below, the best estimate of the federal income tax expense, based on the above earnings in a single year, is closest to ______?

Eligible dividends: gross up = 38%; dividend tax credit = 15.0198%

Non eligible dividends: gross up = 15%; dividend tax credit = 9.0301%