Benton Company (BC) has one owner who is in the 33% Federal income tax bracket.

Benton Company (BC) has one owner who is in the 33% Federal income tax bracket. BCs gross income is $395000 and its ordinary trade or business deductions are $245000. Compute the Federal income tax liability on BCs income for 2013 under the following assumptions: A) BC is operated as a proprietorship and the owner withdraws $100000 for personal use. B) BC is operated as a corporation pays out $100000 as salary and pays no dividends to its shareholders. C) BC is operated as a corporation and pays out no salary or dividends to its shareholder. D) BC is operated as a corporation pays out $100000 as salary to its shareholder and pays out the remainder of its earnings as dividends.