$$ Ltd$.$ has net income for tax purposes of $$110,000$ and taxable income of $$80,000.$ The net income includes $$7,000$ of taxable

Canadian dividends, $$9,000$ taxable capital gains, and $$6,000$ interest income. The taxable income calculation includes deductions for

a net capital loss of $$5,000$ and a non$-$capital loss of $$10,000.$ The $$500,000$ business limit has been assigned to an associated

corporation. Determine X$\text{'}$s refundable tax on investment income.