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Question 3: (6 marks) Edmonton corp. is Canadian Controlled Private Corp. It has Dec 31 year-end. The following information relates to its 2020 Taxation y

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Question 3: (6 marks) Edmonton corp. is Canadian Controlled Private Corp. It has Dec 31 year-end. The following information relates to its 2020 Taxation y Taxable income amount of $135,000 Non-eligible dividend paid to shareholders during the year of 2020, amount of $40,000; Dividend refund for 2019 amount of $23,700 (from non-eligible) Non-eligible dividend received from Canadian corporations $30,000 Non-eligible Refundable Dividend Tax on Hand balance at Dec 31, 2019 balance of 53,920 Aggregate Investment Income amount of $27,000 Amount eligible for small business deduction $105,000 (tax reduction SBD 19,950) Partitax payable $56,000 Based on the above, what is the balance of non-eligible Refundable Dividend Tax On Hand (RDTOH) at Dec 31, 2020? B %

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