Jeremy is setting up a service business. He can either operate the business as a sole proprietorship or he can incorporate as a regular C corporation. He expects that the business will have gross income of $80,000 in the first year with expenses of $12,000 excluding the following. He plans to take $30,000 from the business for living expenses as a salary. Compare his tax costs for 2016 considering only income taxes if he is single, has no other income, and total allowable deductions of $10,350. Which option do you recommend based solely on these tax costs?