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Required: Calculate the federal taxes and provincial taxes at an assumed net tax rate of 13% on federal taxable income payable by Dripper Catcher Ltd.

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Required: Calculate the federal taxes and provincial taxes at an assumed net tax rate of 13% on federal taxable income payable by Dripper Catcher Ltd. Assume initially that the general tax reduction is $3,133 and conrm this amotuit. Also compute the refundable dividend tax on hand balance as at Decemher 31, 2003 and compute the dividend refLu1d for EDGE. Shmv all calculations

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