Corporation, a CCPC, received the following dividends during the current taxation year: bullet Dividends from unconnected corporations ("portfolio dividends") of $ 104 comma 500 bullet Dividends from a wholly owned subsidiary of $ 25 comma 600 (as a result of paying this dividend, the subsidiary received a dividend refund of $ 2 comma 800).

What is the amount of Part IV taxes payable for Herron Corporation in the current year? Round your answer to the nearest whole dollar