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Carrie's Corner, Inc. is a craft store organized as a C corporation. Carrie is the sole shareholder of the corporation. She works full - time

Carrie's Corner, Inc. is a craft store organized as a C corporation. Carrie is the sole shareholder of the corporation. She works full

-

time for the corporation and receives a salary of $

52, 000 .

Which of the following correctly describes the federal income tax treatment of this salary at the entity and individual levels?

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