Bernadette Owns 1,000 Shares of a German Public Corporation

Bernadette owns 1,000 shares of a German public corporation. The corporation paid dividends of $1.50 per share during 2020 but Bernadette only received $1,275 since 15% tax was withheld in Germany. All amounts are stated in Canadian dollars. Bernadette's 2020 net property income from this investment is:

A) $1,275.
B) $1,500.
C) $1,760.
D) $2,070.