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Jake owns Corvus Inc., a CCPC incorporated in Ontario in 2010. In 2020 Jake withdrew a salary of $55,000 less $2,600 in CPP, borrowed $10,000,
Jake owns Corvus Inc., a CCPC incorporated in Ontario in 2010. In 2020 Jake withdrew a salary of $55,000 less $2,600 in CPP, borrowed $10,000, paid "other-than elligible dividends" of $8,000. What is Jake's total income from Corvus Inc. for 2020?
A.$86,200
B.$61,600
C.$64,200
D.$76.200
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