Elaine Ltd. is a Canadian-controlled private corporation. Its refundable dividend tax on hand (RDTOH)(non-eligible) account at December 31, 2018 was $35,000. For its 2019 taxation year, its refundable portion of Part I tax was $29,000. The corporation received no dividends in 2019. It paid taxable non-eligible dividends of $60,000 in 2018 and $75,000 in 2019. The balance in Elaine Ltd. s (RDTOH)(non-eligible) account at December 31, 2019 rounded to the nearest thousand dollars is:

A. 23000

B. 41000

C. 44000

D. 38000

E. None of the above