Mary, and Sarah run a construction company as a general partnership business (Shares: Mary 40%, and Sarah 60%). The company had a gross profit of $435,000 last year. If they distribute $300000 among themselves, and leave the rest of the profit in the business, would it be advantageous for them to incorporate as a closely held corporation? b. Calculate the actual, average and effective taxes paid by the company in both scenarios. Note: Both partners file their personal taxes as single taxpayers. a. 2