Bronson Ltd. is a Canadian controlled private corporation (CCPC). In the previous taxation year, the company had a GRIP balance of $12,500 and designated $8,000 of dividends paid as eligible dividends. During the current year, Bronson Ltd. had taxable income of $275,000. Included in this amount are the following: Aggregate Investment Income of $45,000 Eligible Dividends Received of $35,000 During the current year, Bronson Ltd. had a small business deduction of $36,000 ($200,000 x 18%). The company designated $12,000 of dividends paid in the current year as eligible dividends. Which of the following is the correct GRIP balance at the end of the current year for Bronson Ltd.? A. $69,500 OB. $57,100 O C. $65,500 OD. $61,100