6. xxx company is a Canadian controlled private Corporation with a December 31st 2020 year end. The company operates in Ontario. Taxable income for the year is calculated as follows:

Canadian source business income $200,000

Canadian investment income 6,000

Income under division B 206,000

Taxable income all of which is earned in Canada 115,020

Please, guide me through the calculation of the federal Part 1 tax payable plus provincial tax at a 3% rate for 2020, if all the business income is considered to be active. XXX company is not associated with any other Corporation.