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Lena is in the top federal tax bracket and she lives in a province where her provincial marginal tax rate is 1 7 . 5

Lena is in the top federal tax bracket and she lives in a province where her provincial marginal tax rate is 17.50% and the provincial dividend tax credit is 6.27%. Lena earns dividend income of $16,000 from a Canadian-controlled private corporation. How much of this dividend income will Lena have left after tax?
$15,457.69
$10,484.59
$12,604.81
$10,62.60

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