Investco Ltd$.,$ a private corporation, received dividend income from taxable Canadian corporations during its year ended December $31,$

$2023,$ as follows.

Investco Ltd$.$ Owns $100\%$ of the issued shares of Subsidiary. Subsidiary's dividend refund for its year ended December $31,2023$ was

$$0.$

Portfolio dividends from public corporations $$80,000$

Dividends from Subsidiary

Required:

Calculate the Part IV tax payable by Investco Ltd$.$ for its year ended December $31,2023.($Use $0\mathrm{.}3833$ when multiplying by $38\mathrm{.}33\%$

and round your answers to the nearest whole number. Enter all numbers as positive amounts. If an amount should be zero, enter

$"0".)$