C-corporation has a 100-percent owner. The C-corporation earns $200,000 before paying its owners wages of $100,000 plus $30,000 of health insurance benefits. Ignore social security taxes. Owner is single, has no other income, and does not itemize deductions. Calculate and show work for owners personal income taxes. Assume the C-Corp pays no dividends. The $30,000 of health insurance is not taxable income.