Taxable Income $=$ Total IncomeLast year Peter's earned income from employment was $$50,000.$

Last year, after receiving a $$2$ per share in dividends from $500$ shares in ABC Inc., a publicly$-$traded Canadian corporation, he sold his shares. The sale resulted in a capit

Taxable Income

First $$48,535$

Over $$48,535$ up to $$97,069$

Over $$97,069$ up to $$131,220$

Over $$131,220$ up to $$150,473$

Over $$150,473$ up to $$157,464$

Over $$157,464\mathrm{.}01$ up to $$209,952$

Dividend Gross$-$up Rate

Dividend Tax Credit Rate

Federal Marginal Tax

$15\%$

$20\mathrm{.}5\%$

$26\%$

$26\%$

$29\%$

$29\%$

$38\%$

$15\mathrm{.}02\%($of the grossed up dividend$)$

Based on the tax rates mentioned above, what is Peter's net federal tax liability for the year? $($Round to $2$ decimal places$).$

$$9,113\mathrm{.}53$

$$9,193\mathrm{.}69$

$$9,696\mathrm{.}15$

$$9,953\mathrm{.}30$