Ltd., a CCPC, had a $25,500 balance in its non-eligible RDTOH account on December 31, 2022, the end of its 2022 taxation year. It had a nil GRIP account balance on that same date. Manhasset Ltd. paid taxable dividends of $20,400 in 2022 and claimed a dividend refund of $5,150. What is the balance in Manhasset Ltd.'s non-eligible RDTOH account as of December 31, 2023?

A. $25,050
B. $29,037
C. $34,187
D. $36,857