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f ) Hart Inc. is a non - associated CCPC that earned $ 4 0 0 , 0 0 0 of SR&ED investment tax credits

f)Hart Inc. is a non-associated CCPC that earned $400,000 of SR&ED investment tax
credits in 2019 and has no taxable income in the current or prior three years. Based only
this information, calculate the amount of cash refund Hart Inc. can expect when filing its
2019 corporate income tax return ?(1 mark)

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