Tyler, a B.C. resident, is the sole shareholder of Micro Ltd. (Micro), a CCPC. He started the company in 2010 with an investment of $100,000 in the common shares of the company, with no changes to the share capital of the company since. Micro carries on an active business exclusively in B.C. and is not associated with any other corporations. Historically, Micro paid Tyler sufficient salary to eliminate paying higher taxes and has never had to pay any dividends. Over the years, except for net Taxable Capital Gains of $40,000, all of Micro's income has been eligible for Small Business Deduction. On December 2, 2023, Tyler received an offer to purchase all of the assets of Micro as at December 31, 2023, for $3.3 million. He discussed the offer with his friend, Nolan, who suggested that selling shares of a company would generally be better, rather than its assets. Nolan couldn't explain the reasoning behind his comment, which left Tyler confused, and he has now come to you for advice, based on the following information regarding Micro's assets as at December 31, 2023: Based on all of the above and assuming that Micro had $300,000 of liabilities as at December