the day care is $5,000 per year, of which Margie pays Question 49 of 75 Margie takes advantage of the day care services that her company provides to their employees. The value of $2,000. How much of the benefit is a taxable fringe benefit to Margie and will be reported as income on her Form W-27 Oso O $2.000 $3,000 O $5,000 Mark for follow up Question 50 of 75. One advantage of a C corporation is, They are generally easy and inexpensive to form The corporation and the shareholder never pay taxes on the same income It is possible to raise capital by offering shares of stock to investors or by issuing bonds O There are no specific requirements for shareholders' meetings. Mark for follow up Question 51 of 75. Schedule K-1 (Form 1065) is used to report. O Each partner's share of net income after adjusting for deductions and credits reported elsewhere. O Each partner's share of the partnership's income, deductions, and credits O The partnership's income, deductions, and credits. O The partnership's net income after adjusting for deductions and credits reported elsewhere. 12