BC Inc. (ABC) is wholly owned by Arianna Grande. ABC is in the business of educating the public about healthy eating and exercising. ABC has a June 30 year-end and uses ASPE. Arianna runs the operations of ABC entirely by herself and uses the cash generated by the business to fund her living expenses. ABC is the only source of income for Arianna. You are working as a junior auditor for the Canada Revenue Agency. Today is February 28, 2022. Your supervisor, Mr. Luv Totax, has asked you to review the transactions that took place during the last fiscal year of ABC, and calculate the amount of taxes that the company should be paying. The tax rate applicable to ABC is 25%. Hes currently on vacation, and hence would like you to summarize your analysis in an email to him. Through discussions with Arianna, as well as a review of the companys draft financial statements for the year ended June 30, 2021, you gathered the following information: Income before taxes for fiscal 2021 is $100,000. In order to raise financing, ABC issued a bond on January 1, 2021. The face value of the bond was $1,000,000 and the coupon rate was 4%. The bond pays interest semi-annually. However, since the market rate of interest was 5% at the time of bond issuance, the proceeds from the bond were $950,000. ABC recorded the bond issuance as: Dr. Cash 950,000 Dr. Loss on sale of bond 50,000 Cr. Bonds payable 1,000,000 ABC issued $30,000 of dividends to Arianna in 2021. The dividends were declared on June 15, 2021 and were paid on July 31, 2021. ABC recorded these transactions as: June 15 - Dr. Dividends expense and Cr. Dividends payable for $30,000 July 31 Dr. Dividends payable and Cr. Cash for $30,000 Required:

1) Who are the main stakeholders in this scenario and what are their objectives?

2) Write an email to your supervisor, as he requested.