MMP, a CCPC, has a 60% owned subsidiary UXL. In 2021 UXL, also a CCPC, was allocated $295,000 of the annual business limit and paid a non-eligible dividend that produced a $50,000 Part IV refund. UXL eamed $60,000 in aggregate investment income during 2022. In 2021 MMP paid a dividend of $54,780, received a $21,000 Part IV refund and RDTOH balance at year-end of $30,000. During 2022 the results from MMP's operations are as follows