Please read the Corporate Tax Accounting Question very carefully and answer the question accurately. Be careful about the spelling and grammatical errors. I am getting very bad answers on this course from Chegg so I am really upset and getting lowest grades. If you are expert on this are only answer otherwise transfer it to someone. Marci and Jennifer each own 50% of the stock of Lavender, a C corporation. After each of them is paid a reasonable salary of $125,000, the taxable income of Lavender is normally around $600,000. The corporation is about to purchase a $2 million shopping mall ($1.5 million allocated to the building and $500,000 allocated to the land). The mall will be rented to tenants at a net rent income (i.e., includes rental commissions, depreciation, etc.) of $500,000 annually. Marci and Jennifer will contribute $1 million each to the corporation to provide the cash required for the acquisition. Their CPA has suggested that Marci and Jennifer purchase the shopping mall as individuals and lease it to Lavender for a fair rental of $300,000. Both Marci and Jennifer are in the 35% tax bracket. The acquisition will occur on January 2, 2016. Determine whether the shopping mall should be acquired by Lavender or by Marci and Jennifer in accordance with their CPAs recommendation. Assume that the depreciation on the shopping mall in 2013 is $37,000. Please provide me the great answer.