How is a C-corp owner paid. Is it mandatory for them to be on payroll.

If a C-corp earns $70,000 in gross receipts and after deductible expenses pay the tax on the net. Should the owner pay taxes on the $70,000 or what is net earnings and profit after expenses?
If it is the $70,000 what form or line should it be reported on the 1040? Do we deduct the same expenses as the C-Corp on the individual return?

Should the income given to the owner be paid on a 1099-DIV?

Please advise.

Thanks
Venise