Estimate the income tax payable that is tied to the sale of the shares of Providence Company owned by Jeremiah Providence, a long-time resident of Elmira, Ontario. The Providence is a build-design company. Below are the details of the transaction: Date of closing of sale: December 12, 2022. Proceeds of sale: $1.78 million ACB of shares: $0.19 million Marginal income tax rate: 49%