In 2009, XYZ Inc

In 2009, XYZ Inc. located in Ontario had income from operation of $3,850,000, received interest of $150,000, paid $200,000 in interest, received dividends from another Canadian corporation of
$100,000, and paid $400,000 in dividends to its common shareholders. If the applicable income tax rate is 33%, what is the corporation's tax liability?

A) $1,155,000
B) $1,254,000
C) $1,287,000
D) $1,353,000