Beth and Marcy are considering opening a boutique. As either a C Corporation or as an S corporation, they expect the business to make $120,000 of ordinary income each year. And to be 50/50 owners assume they pay themselves a fair wage for their service under either business from (i.e salary, income and payroll taxes are the same either way.) They plan to pay out all after-tax income and dividends each year, Beth and Marcy both expect to have a 32% marginal tax rate on all of their ordinary income and a 18.8% rate on qualified dividends/long term capital gains including the net investment income tax. The corporate tax rate is 21%. Assume the qualified business income deduction is still in effect. By how much are Beth and Marcy better off if they organize their business as an S corporation