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Home X cut Paste Insert Design Layout References Mailings Review View Help - Compatibility Mode - Saved to this PC p Tell me what you want to do Times New Ro 12 A" AV Aa - 91 AaBbCc] Headin I AaBbCc] AaBbCc] AaBbCc] II Heading 2 II Heading 3 II Heading 4 Styles AaBbCcDd II Heading 8 AaBbCc1 II Normal Format Painter Clipboard A. Font Paragraph Brandyn Cooper p Find Sc Replace Select Editing 8 Share Get Add-ins Add-ins Comments Dictate Voice TAX PLANNING CASE 6 TAX COMPARISON OF THE FOUR BUSLNESS ENTITIES QUESTIONS This assignment utilizes an Excel spreadsheet to extend the Chapter 15 analysis of the four entities for four additional years and incorporates the effects of liquidating the entity at the end of Year 5 _ The spreadsheet allows for inputs of each ofthe initial year variables used in Case Study _ Instructions for utilizing this spreadsheet are included on the next page. 1. In the original spreadsheet analysis based on the current inputs, the "Reasonable Compensation" variable (cell D20) is $75,000, and the "Other Payments/ Withdrawals" variable (cell D21 of the spreadsheet) is $50,000. Redetermine the total taxes paid under each of the following changes in these two variables, and explain the relative changes in results: To tal Taxes Paid by Enti Com Other Pa Sole Proprietorship Partnershi S C ration C C oration Expl anati on Com Other Pa 571,639 571,639 540,059 S701 896 Com Other Pa