Problem 13-40 (LO. 4) Turtle, a C corporation, has taxable income of $300,000 before paying salaries to the three equal shareholder-employees, Britney, Shania, and Alan. Turtle follows a policy of distributing all after-tax earnings to the shareholders Determine the tax consequences for Turtle, Britney, Shania, and Alan if the corporation pays salaries to Britney, Shania, and Alan as follows Option 1 Britney Shania Alan $135,000 90,000 75,000 Option 2 Britney Shania Alan $67,500 45,000 37,500 If an amount is zero, enter "0", when required, round your answers to the nearest dollar. a. Under Option 1, Turtle can deduct salaries of Under Option 2, Turtle can deduct salaries of $ will be , and Turtle's taxable income will be , and Turtle's taxable income will be . Turtle's tax liability . Each shareholder-employee will have $ of dividend income b. Is Turtle likely to encounter any Federal income tax problems associated with either option