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use exel to complete thank you asdadasddasdsdasdasdasdasdsdadasasdasdasdasd f' It-:W'Iawa 76 .I '58 omIp'nt'eI-Hsaa: -? syynm'ent Preview er Information: : h . .I Selling And

use exel to complete thank you

asdadasddasdsdasdasdasdasdsdadasasdasdasdasd

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\f' "It-:W'Iawa 76" .I '58 omIp'nt'eI-Hsaa: -? syynm'ent Preview\" er Information: : h . .I \" Selling And Administraivt Wuring2017 Oland Ltd. acq 'I " f$110 400 Foraceduriti ' will In 2017 I 4. 0the Expenses In} . mu'hi pal tax pyi'h'en- Q elling AndAdminis at olf and auntrymIII 6. As the Company expe Taxation Of Corporate Investment Income 6 Assignment Problems 10. Investments were sold during the year for $126,000, Th d' investments was $115,000. + \"7 a"? e a Justed cost base of these @011 December 31 , 2016, the Company had a balance in its Refundable Dividend Tax On Hand account 0f $52i460. The Company claimed a dividend refund of $12,800 in its 2016 corporate tax return. 1% 12. At the end of 2016, Oland has a GRIP balance of $162,345. During 2016, the Company ' designated $12,350 of its dividends paid as eligible. @Duriglg 2017, Oland paid $42,300 in dividends. Ofthis total, $26,300 were designated as eligi e. . @At the beginning of 2017, Oland had a $23,000 net capital loss carry forward [(1/2)($46,000)]. It also had a non-capital loss carry forward of $36,400. The Company would like to deduct as much as possible of these two carry overs during 2017. 5. A of Oland's Taxable Income will be allocated to a province. 16. It has been determined that Oland has $300,289 of active business income. Of this total, $43,000 results from manufacturing and processing activity. Because of special rates in the province in which it operates, Oland makes a separate calculation of the manufac- turing and processing deduction. Required: Show all of the calculations used to provide the following required information, including those for which the result is nil. A. Determine Oiand's minimum Net Income For Tax Purposes and Taxable Income for the year ending December 31, 2017. Include in your solution the January 1, 2018 UCC balance for each CCA class. B, Determine Oland's Part1 federal Tax Payable for the year ending December 31 , 2017. C. Determine the December 31, 2017 balance in Oland's Refundable Dividend Tax On Hand account

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