Investco Ltd$.,$ a private corporation, received dividend income from taxable Canadian corporations during its year ended December $31,2023,$ as follows.

Investco Ltd$.$ owns $90\%$ of the issued shares of Subsidiary. Subsidiary$$s dividend refund for its year ended December $31,2023$ was $$6,000.$

Portfolio dividends from public corporations $ $70,000$

Dividends from Subsidiary $40,000$

$ $110,000$

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 $"0".)$