Julian Harris established Retrofit as a sole trader business. Five years later he is still using that structure but has been advised to consider other business structures. Should Julian stay as a sole trader or choose one of the other business structures? Remember he wants to retain control. Required: a. Explain the process you will go through to determine what is the most appropriate structure for Julian. b. Income tax is an expense. Based on the budgeted profits for 2024, calculate the income tax payable if he earned that net profit as an individual and as a company