Kat Co$.($a CCPC$)$ reported a net income for tax purposes of $$800,000$ in Year $1.$ In Year $1,$ Kat Co$.$ made a contribution of $$25,000$ to eligible charities and received $$30,000$ in non$-$eligible dividends from a connected taxable Canadian corporation. What is Kat Co$.\text{'}$s taxable income in Year $1?$

Multiple Choice

$$775,000$

$$745,000$

$$800,000$

$$770,000$