Wankana Ltd. is a Canadian controlled private company throughout the taxation year ending December 31, 2020. Other information that is relevant to the Company's 2020 taxation year is as follows.

1. During the taxation year ending December 31, 2020, the Company had Taxable Income of $1,235,000. This was made up of Canadian active business income of $1,172,000, along with foreign business income of $63,000. The jurisdiction in which the foreign business income was earned withheld $12,600 from this income, resulting a net receipt of $50,400.

2. The Company's gross revenues for the 2020 taxation year were $3,450,000, with $621,000 of this total being generated outside of Canada. Total salaries and wages for the 2020 taxation year amounted to $561,000, with $67,320 of this total paid to individuals outside of Canada. The revenues were earned and the wages paid in a country where Wankana has a permanent establishment.

3. Wankana is associated with four other companies. The agreement between these companies allocates a 20 percent share of the annual business limit to Wankana Ltd. The combined Taxable Capital Employed in Canada for Wankana and its associated companies is $13,477,000 for 2020. For 2019, the corresponding figure is $12,417,000.

4. The Adjusted Aggregate Investment Income for Wankana and its associated companies is nil for all years under consideration.

Required: Calculate Wankana's minimum federal Part I Tax Payable for the year ending December 31, 2020. Assume that Wankana's foreign tax credit is equal to the amount of foreign taxes withheld.