During the year, Mike received two cheques, one in the amount of C$20,000, the other in the amount of C$8,500. The $20,000 cheque was a dividend from business income taxed at the low corporate rate of a Canadian-controlled private corporation. The $8,500 cheque was a dividend from a foreign corporation, net of the $1,500 of foreign tax withheld by the foreign country from the dividend payment. Which of the following amounts must Mike include in his income for Canadian income tax purposes in respect of these two dividend cheques? $20,000 $28,500 $30,000 $33,000