Lucia Torres and her husband, Juan, are sole shareholders in a corporation they formed to operate their existing chain of five restaurants. Their corporation earned net income of approximately $150,000 in its first year of operations. One of Lucia's friends suggested to her that she and Juan had made a mistake in incorporating and should operate as a sole proprietorship or partnership. What reason below may Lucia use to support their decision to incorporate?
A. Double taxation of income
B. Protect personal assets and limit their individual liability
C. Pay dividends to themselves
D. None of the above