Tax income. Mark for follow up Question 43 of 75. Dawson, Inc., had regular tax due of $35,000 for the tax year ending December 31, 2019. It also had $60,000 of alternative minimum tax (AMT) credit carried forward from prior years and available in 2019. What is the amount of the AMT credit that can be claimed in 2019? O $12,500 O $25,000 O $35,000 O $60,000 Mark for follow up Question 44 of 75. AC corporation's business income is taxed in the following way The income earned by the corporation is taxed to the entity and shareholders. O Only the board of directors pay tax on the income earned. O All corporation income is passed through to the individual shareholders. The individual shareholders then pay tax ont share of the income. The income is not taxed at the entity level, and only distributions are taxed to the shareholders. Mark for follow up