Please answer asap

options for all are (advantage of partnership/ disadvantage of partnership)

Complete the e-mail below by classifying each of the situations as an "Advantage of partnership of a "Disadvantage of partnership" over operating as a C or s corporation. Liang Industries Shelly Nunez February 1, 2022 Subject: Advantages and disadvantages of a partnership compared to a C corporation To: From: Date: You have asked when a partnership might be more or less advantageous than a corporation. Below are several situations to be considered. a. If the entity plans to distribute its excess cash flow to the owners on a regular basis. b. If the entity owners are individuals and the income will be eligible for the qualified business income deduction If the entity currently operates as a C corporation and has substantial built-in gains on its assets. d. If special allocations of income, expenses, and cash flows can be made by the entity owners. e. The entity has taxable tosses that the owners can utilize on their individual tax retums. 9. If the entity will exist for only a short period of time. The entity is in a high-risk business and the owners require protection from personal liability If the entity plans to lease property from the owners or the owners plan on loaning funds to the entity. h