Brock and David are equal shareholders of an S corporation that manufactures electric razors. They are interested in opening a plant in the south. They want to know whether Florida or Alabama would be the best state to move to, considering only tax consequences. The main concerns are income taxes (corporate and personal), franchise taxes, and intangible asset property taxes. Brock and David expect the S corpora-tion to generate $ 400,000 in annual taxable income.