M&M Ltd. is a Canadian-controlled private corporation. It does not hold any investments that pay dividends. Its refundable dividend tax on hand (RDTOH) account at December 31, 2018 was $70,000. M&M Ltd. paid taxable dividends of $120,000 in 2018. The corporation did not have a GRIP balance on December 31, 2018. For its 2019 taxation year, its refundable portion of Part I tax was $42,000. M&M did not pay any Part IV tax in 2019. In 2019, the corporation paid $150,000 in non-eligible dividends. The balance in M&M Ltd. s Non-Eligible RDTOH account at December 31, 2019, is:

A. 24000

B. 70000

C. 66000

D. None of the above