Ken Jung owns all of the shares of J Ltd. His adjusted cost base for these shares is $5,000. He has decided to retire, and has wound up the Company under the provisions of ITA 88(2). After the assets have been sold and all corporate taxes paid, there is $700,000 available for distribution. The balances in the tax accounts of J Ltd. are as follows: Paid Up Capital $ 1,000 Eligible RDTOH Nil Non-Eligible RDTOH 20,000 GRIP Account 30,000 Capital Dividend Account 100,000 If Mr. Jung properly files all elections that would minimize the tax effect of the distribution, what is the maximum amount he could receive tax free? $101,000 $100,000 $5,000 $1,000