Purple company has $200,000 in net income for 2019 before deducting any compensation or other payment to its sole owner, kirsten. kirsten is single, and she claims the $12,200 standard deduction for 2019. purple company is kirsten’s only source of income. ignoring any employment tax considerations, compute kirsten’s after-tax income if:

a. purple company is a proprietorship and kirsten withdraws $50,000 from the business during the year; kirsten claims a $37,560 deduction for qualified business income.

b. purple company is a c corporation and the corporation pays out all of its after tax income as a dividend to kirsten.

c. purple company is a c corporation and the corporation pays kirsten a salary of $158,000.