Mountain Air Inc. had a balance in its capital dividend account (CDA) of $90,000 at January 1, 2022. During the 2022 taxation year, the company had taxable capital gains of $32,000, allowable capital losses of $24,000, received a capital dividend of $60,000 from a subsidiary, and paid eligible dividends of $50,000. On October 17, 2022, a capital dividend of $80,000 was paid, and the appropriate election was filed. What is the balance in the CDA at October 18, 2022?

A) 78,000

B) 28,000

C) 18,000

D) 102,000