I will upvote and tell other peers as well! Thanks!

28. C corporations with annual average gross receipts of $26 million or more are allowed to use the cash 1 the a. Fruc 29. "In certain circumstances, C corpotation shareholders can elect 1c change the C corporation to a flow-through entity for tax purposes." (2pts) u. True b. False 30. Tax rules require that entities be classified the same way for tax purposes as they are classified for legal purposes. (2pts) a. True b. Fulse 31. "If an individual forms a sole propricturship, which nontax factor will be of greatest benctit to the sole proprietor?" (4pts) a. Liability protection b. Legal Flexibility in defining rights ind respunsibilities of owners 28. C corporations with annual average gross receipts of $26 million or more are allowed to use the cash 1 the a. Fruc 29. "In certain circumstances, C corpotation shareholders can elect 1c change the C corporation to a flow-through entity for tax purposes." (2pts) u. True b. False 30. Tax rules require that entities be classified the same way for tax purposes as they are classified for legal purposes. (2pts) a. True b. Fulse 31. "If an individual forms a sole propricturship, which nontax factor will be of greatest benctit to the sole proprietor?" (4pts) a. Liability protection b. Legal Flexibility in defining rights ind respunsibilities of owners