Income Tax 2

Szved G Ltd. a Canadian private corporation, owns 20% of the voting shares of X Ltd, a Canadian private corporation. In the current year X paid a non-eligible dividend of $70.000 and received a dividend refund from its NERDTOH account of $24.000. In addition. Greceived eligible dividends of $10.000 from various Canadian public corporations. Determine G's refundable Part IV tax $