In the preceding year, Jelly Roll, a CCPC, had NERDTOH at the end of the year of $24,000 before a dividend refund of $8,000. In the current year, Part IV tax on non-eligible dividends received is $19,734 and refundable Part I tax is $33,734. Which of the following is the balance in the NERDTOH account at the end of the current year?
A) $77,468
B) $69,468
C) $49,734
D) $35,734