Ava chooses to form her business ANE as a S corporation, and she makes the following assumptions: - ANE earns taxable income of $354,500. - ANE will distribute all of its after-tax earnings annually as a dividend. - ANE ordinary marginal ordinary tax rate is 28 percent and her dividend tax rate is 18.8 percent (including the net investment income tax). If Ava organizes ANE as a C corporation, what would be the taxes paid by Ava personally