For each of the three examples listed below (1-3), identify the category of tax planning (A-C) that has been applied. 1. Rory has run a successful proprietorship for the past four years and has now decided to incorporate the business. 2. The sole shareholder of ABC Co. purchased the shares of the company in 2016 for $25,000, and has recently valued the shares at $150,000. In preparation to sell the company to an arm's-length party, the shareholder decided not to issue the usual annual dividend of $20,000. 3. XYZ Inc. has chosen to delay the recognition of a discretionary reserve until the following year. A. Shifting income from one time period to another B. Transferring income from one entity to another C. Converting income from one type of income to another.