Ten years ago, Leon began a new businessventure with Robert. Leon owns $70$ percent of the out $-$standing stock, and Robert owns $30$ percent. The businesshas had some difficult times, but current prospects are favorable. On November $15,$ Robert decides to quit the ventureand plans to sell all of his stock to Leon$$s sister, Heidi, alongtime employee of the business. Robert will sell his stock to Heidi after the company pays out the current$-$year shareholder distribution of about $$100,000.$ Leon is looking forward to working with his sister, but he now faces a terrible dilemma.The corporation has a $$300,000$ deficit in accumulated E & P and only about $$20,000$ of current E & P to date. Within the next two months, however, Leon expects to sign a major deal with a large client. If Leon signs the contract before the end of the year, the corporation will have a large increase in current E & P$,$ causing the upcoming distribution to be fully taxable to Robert as a dividend. Since a similar contract is not expected next year, most of next year$$s distribution will be treated as a tax$-$free return of capital for Heidi. Alternatively, if Leon waits until January, both he and Robert will receive a nontaxable distribution this year. However, next year$$s annual distribution will be fully taxable to his sister as a dividend. What advice would you give to Leon? Please also include refrences