Corporation X Had a Non-Eligible RDTOH Balance of $15,000 at the End

Corporation X had a non-eligible RDTOH balance of $15,000 at the end of 20x0, and the dividend refund from non-eligible RDTOH to the company in 20x0 was $7,000. The company's Part IV tax on non-eligible dividends for 20x1 is $8,000. The company's active business income is $475,000 and its taxable income is $410,000. Corporation Y (which is associated with Corporation X) was allocated $125,000 of the small business deduction in 20x1. (Corporation Y only has active business income.) Corporation X has investment income which remained at $45,000 in both 20x0 and 20x1. The total taxable capital of the two corporations is less than $10 million. Part I tax for 20x1 was $55,000. What is Corporation X's non-eligible RDTOH balance at the end of 20x1? (Round all numbers)

A) $8,000
B) $16,000
C) $26,733
D) $65,623