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content area top Part 1 Several years ago, Ms. Michelle Baker incorporated a company, which is a CCPC, that carries on a new business. The

content area top Part 1 Several years ago, Ms. Michelle Baker incorporated a company, which is a CCPC, that carries on a new business. The corporation is named Baker Inc. and uses a December 31 taxation year end. Michelle is the only shareholder. View the income information.LOADING... Michelle collects art and, in 2023, she falls in love with a decorative sculpture. The cost of the sculpture is $ 126 comma 000, and Michelle will need additional funds for the purchase. Michelle intends to purchase the required $ 126 comma 000 from Baker Inc. To this end, she would like to know whether it would be better to receive sufficient salary from the corporation or, alternatively, sufficient taxable dividends, both of which would leave her $ 126 comma 000 of after-tax funds

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