Corporation, aCCPC, received the following dividends during the current taxationyear:

Dividends from unconnected corporations("portfolio dividends") of $104,000

Dividends from a wholly owned subsidiary of $24,700 (as a result of paying thisdividend, the subsidiary received a dividend refund of $8,000)

Which of the following is the correct amount of Part IV taxes payable for Bright Corporation in the currentyear?

Choose the correct answer.(Round your answer to the nearestdollar.)

A.

$47,867

B.

$57,335

C.

$39,867

D. $ 49, 335