Northern Properties Ltd., a Canadian-controlled private corp…

Nоrthern Prоperties Ltd., а Cаnаdian-cоntrolled private corporation, reports the following amounts for the current taxation year:Aggregate Investment Income: $90,000Taxable income: $520,000Income eligible for the Small Business Deduction: $460,000The Additional Refundable Tax is calculated at 10⅔% of the lesser of:Aggregate Investment Income; andTaxable income exceeding income eligible for the Small Business Deduction.What is Northern Properties Ltd.’s Additional Refundable Tax?