can you Compare and contrast the similarities and differences of C corporations and S corporations using these requirements?

1. Method of incorporation.
2. Procedures for electing S corporation status.
3. How each entity is taxed.
4. Shareholder requirements.
5. Types of stock allowed to be issued by each entity.
6. Accounting methods and periods allowed.
7. Voluntary and involuntary S terminations.
8. How earnings and profits (E & P) is affected upon S election.
9. Dividends received deduction.
10. Discuss the ways basis are computed for each entity.