Paulsen Corporation earned $$1,000,000$ in the firm$$s first year of operations. However, only $$200,000$ is needed to meet the firm$$s business needs in the future. Therefore, Paulsen would like to distribute $$800,000$ as a dividend to the firm$$s five shareholders $($who own all of the stock$).$ However, the firm would like to avoid the double taxation of firm earnings. As a result, the executives at Paulsen plan to keep the remaining earnings $($$$800,000)$ in the firm for the indefinite future. Investors who want access to their equity could then obtain loans from a third party using the stock as collateral