Could you please answer Question i (15 marks) ,ii (20 marks), iii ( 16 marks) and iv (5 marks). Could you please answer accordingly to the question marks. i will give a 100% review and 5 stars thank you

1. Kimberley Kimberley has prepared accounts for her business of manufacturing hot sauce from her home for the tax year 2021-22. Her operating profits in a typical year are 110,000 and she would take drawings of 55,000 per year from the business. This is her only source of income. You should assume that this will continue in the foreseeable future. If Kimberley wants to form a company to run this business, she would need to extract 55,000 per year either as a director's salary or as a dividend. Required: For the tax year 2021-22 and corporation tax year FY2021. i. Calculate the total amount of income tax and National Insurance contributions payable for the tax year 2021/22 with Kimberley running the business as a sole trader. (15 marks) ii. Calculate the total amount of corporation tax, income tax and National Insurance contributions that would be payable for this tax year if Kimberley incorporates the business and takes director's salary of 55,000. (20 marks) iii. Calculate the total amount of corporation tax, income tax and National Insurance contributions that would be payable for this tax year if Kimberley incorporates the business and takes dividends of 55,000. (16 marks) iv. Evaluate the best option (5 marks) You should show your answers to the nearest, . Presentation 4 marks