Gardner Distributing Company (GDC), a Canadian controlled private corporation, is owned by Hugh Gardner.It distributes specialty gardening products to retailers across Canada.GDC has a fiscal year ending on December 31, and, for 2019, the Company's accountant produced the following Income Statement:

Sales Revenue$2,324,100

Cost Of Goods Sold( 1,165,000)

Gross Profit$1,159,100

Operating Expenses:

Selling And Administration($315,000)

Amortization Expense(47,000)

Charitable Donations(22,000)(384,000)

Operating Income$775,100

Other Income And Losses:

Non-Eligible Dividends Received$ 16,800

Rental Income33,500

Gain On Sale Of Investments12,00062,300

Income before Tax$ 837,400

Other information:

The controller has determined that the company would be able to claim CCA of $120,900 on its depreciable assets.The investments that were sold during the year had been purchased for $88,000.They were sold for $100,000.

Included in Sales Revenue is $2,800 of interest income.

Income Tax Expense consists of instalment payments.

The company had a $6,700 net capital loss carryover from 2016 at the start of the year.

The transitional balance for the company's Non-Eligible RDTOH account is $32,000.There was no transitional balance for the company's Eligible RDTOH account.

During 2019, the GDC paid $21,300 in non-eligible dividends to Mr. Gardner

The company is associated with Excel Landscaping Ltd. (Excel).Excel is owned 5% by GDC.When Excel paid GDC the Non-Eligible dividends, it received a refund of $9,200.Excel has been allocated $300,000 of the small business limit.

Required:Show all of the calculations used to provide the following required information, including those for which the result is nil.

A.Determine Gardner Distributing Company's minimum Net Income For Tax Purposes andTaxable Income for the year ending December 31, 2019.

B.Determine Gardner Distributing Company's federal Tax Payable for the year ending December 31, 2019.