1. (2 Points) During 2019 an individual recognized a long-term capital gain and a C-Corporation recognized a long-term capital gain. Circle any of the statements below which are true in relation to these recognition events. a. Individual will pay tax at their ordinary income tax rate. b. Corporation will pay tax at their flat 21% corporate income tax rate. c. Individual will only be taxed on $3,000 of their long-term capital gain. d. Corporations are not taxed on their long-term capital gains. e. Individual will be taxed at the long-term capital gain tax rate that aligns with their ordinary income tax bracket.