Question Help Lilianna, a single taxpayer, operates a coffee shop. She is considering either continuing the business as a sole proprietorship or reorganizing it as either ac corporation or an Scorporation. Hor goal is to withdraw $25,000 of profits from the business annually while minimizing her total tax liability. She expects the business to generate annually $46,000 of taxable income, all of which qualifies as pass through income before considering a deductible salary expense i (Click the icon to view more information) Requirement Which business form(s) can best achieve Lilianna's goals? Complete the table to determine the amount of total tax for each business form Start with the entity level, then determine Lilianna's tax and finally the total fax (Use parentheses or a minus sign for numbers to be subtracted. Complete all input fields. For entries with a $0 balance, make sure to enter in the appropriate column For simplification purposes, please use a 22% tax rate to calculate the tax on Lilianna's ordinary income, do not use the tax rate schedules ) Sole Proprietorship C Corporation with Salary Corporation with Dividend Corporation with Salary Corporation with Distribution Entity Level: Income before salary Salary deduction Taxable income Entity level tax Question Help Lilianna, a single taxpayer, operates a coffee shop. She is considering either continuing the business as a sole proprietorship or reorganizing it as either ac corporation or an Scorporation. Hor goal is to withdraw $25,000 of profits from the business annually while minimizing her total tax liability. She expects the business to generate annually $46,000 of taxable income, all of which qualifies as pass through income before considering a deductible salary expense i (Click the icon to view more information) Requirement Which business form(s) can best achieve Lilianna's goals? Complete the table to determine the amount of total tax for each business form Start with the entity level, then determine Lilianna's tax and finally the total fax (Use parentheses or a minus sign for numbers to be subtracted. Complete all input fields. For entries with a $0 balance, make sure to enter in the appropriate column For simplification purposes, please use a 22% tax rate to calculate the tax on Lilianna's ordinary income, do not use the tax rate schedules ) Sole Proprietorship C Corporation with Salary Corporation with Dividend Corporation with Salary Corporation with Distribution Entity Level: Income before salary Salary deduction Taxable income Entity level tax