3. Aoli Inc. has a December 31 year end. On December 1, 2019, it declares a bonus of $50,000 payable to Mr. Aoli, a sole shareholder of Aoli Inc. The bonus was paid on Feb 28, 2020. Please answer following questions. a. Is the bonus taxable to Mr. Aoli for year 2019? (1 mark) b. If you answered Yes for (a), please explain your answer why it should be included in Mr. Aoli's 2019 as income. If you answered No for (a), please indicate what year the bonus should be included in Mr. Aoli's income with reasons. (2 marks) Can Aoli Inc. deduct the bonus as an expense to reduce its taxable income? If so, in what year? Please explain your answer. (2 marks)