Samantha Johnson owns Skylark Bakery, a sole proprietorship, which generates an annual operating profit of $100,000. In addition, the bakery earns annual dividends of $5,000 from investing excess working capital in the stock of publicly traded corporations. Samantha is in the 37% marginal tax rate bracket irrespective of the bakery. In the past, Samantha has withdrawn $50,000 annually from the bakery. If Samantha conducts the business as a regular C corporation, what would be the annual income tax savings (or cost)? For purposes of this analysis, use the 2019 tax rates and ignore any employment tax or state tax considerations.