Trent Mercer owns and operates a music store in a mature shopping mall. When the largest store in the mall (often referred to as the anchor) moved two years ago, the traffic in the shopping center dramatically decreased. Mr. Mercer has an opportunity to move the business to a popular new shopping mall. Additional capital, however, is required to move and operate the business in a new location. The local bank has agreed to lend the money needed. His CPA has suggested that he consider forming a corporation and raise the necessary capital by selling capital stock to a small group of local investors. Should Mr. Mercer (1) borrow the money from the bank or (2) raise capital by creating a corporation? Explain your answer. ‘