Question 23 of 50. Which of the following methods is NOT a legal way for Marcia to withdraw funds from MJC? MJC pays Marcia a taxable dividend. Marcia pays her personal expenses from the corporation's funds. Marcia receives taxable wages from MJC. MJC lends funds to Marcia with a reasonable interest rate and repayment schedule. Mark for follow up Question 24 of 50. Which of the following entities is taxed as a C corporation on Form 11207 Hushpuppies, Inc., which has made a valid subchapter S election. Yellow Dog Animal Rescue, Inc., which has been recognized as a tax-exempt organization. OOOO Arlene Smithton and Daughters, a family-run unincorporated business Marcia is the sole shareholder of Corporation MJC. She would like to use profits of the business for personal expenses, Marimba Financial, an unincorporated organization formed in 1995. Marimba has been filing as a corporation since 1995