Schumann Inc. is a CCPC that has the following information for the current year:

Canadian active business income $140,000

Dividend from a taxable Canadian corporation 15,000

Aggregate investment income 60,000

Taxable income 200,000

Income eligible for the small business deduction 140,000

Part I tax payable for the year 21,900

The refundable portion of Part I tax for the year is equal to:

A. $5,750.

B. $18,400.

C. $24,150.

D. $21,900.