Liz Pico owns Gunner's Pet and Livestock Supplies. She is seeking advice regarding the formation of the business, that is$,$ changing the formation from a sole proprietorship to a

corporation. Most likely, Gunner's Pet and Livestock Supplies will now have to pay taxes

a$.$ semiannually.

b$.$ annually.

c$.$ quarterly.

d$.$ never; the income taxes will be paid by the stockholders.