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Greg is a Canadian resident and is also a shareholder in a Swedish corporation. The corporation pays the shareholder a dividend of Canadian $5,500 and

Greg is a Canadian resident and is also a shareholder in a Swedish corporation. The corporation pays the shareholder a dividend of Canadian $5,500 and withholds Swedish taxes of Canadian $1,800.

How much of the dividend will Greg include in his Canadian taxable income?

A: $3,700

B: $5,500

C: $7,300

D: $0

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