Rover Corporation is a regular corporation that has not electedS corporation status. In 1992 Rover earned $100000; in 1993Rover distributes $50000 to its shareholders. Which of thefollowing best describes the tax consequences to rover and itsshareholders?A. Rover is taxed on $100000 in 1992; the shareholders are taxedon $50000 in 1992.B. The shareholders are taxed on $100000 in 1992; Rover is notsubject to tax.C. Rover is taxed on $100000 in 1992; the shareholders are notsubject to tax.D. Rover is taxed on $100000 in 1992; the shareholders are taxedon $50000 in 1993.