Use the following information to answer Questions A and B

Blackfoot Portfolio Ltd. (Blackfoot) is a CCPC. The following information relates to the 2019 taxation year:

• Non-eligible dividend received from a wholly owned subsidiary that is a CCPC is $3,000. The wholly owned subsidiary did not receive any dividend refund as a result of the dividends paid to Blackfoot.
• AII is $1,000.
• Part I tax payable before dividend refund is $1,000.
• Taxable non-eligible dividends paid to shareholders are $2,000.
• Opening NERDTOH balance after accounting for a prior-year dividend refund is $200.
• There is no balance in ERDTOH.

Question A: What was Blackfoot's NERDTOH balance at the end of 2019?

1. $306.67
2. $506.67
3. $586.67
4. $1,656.67

Question B: If Blackfoot's NERDTOH balance at the end of 2019 was $600, how much of a dividend refund will Blackfoot receive as a result of dividends paid in 2019?

1. $0
2. $600.00
3. $766.67
4. $2,000.00