On January 1,2014,Copper Corporation (a calendar year S corporation for many years)became a C corporation.A possible reason for this change in status is:

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A majority of the shareholders can revoke the S election on a prospective basis.This is apparently what occurred on March 14,2014 (choice c. ).The April 11,2014,meeting of the shareholders (choice d. )was too late to be effective for 2014.The March 4 event (choice b. )would cause the loss of the election as of the date of the disqualifying event .

On January 1,2014,Copper Corporation (A Calendar Year S Corporation for Many