A calendar year corporation has an election under Subchapter S. What will be the effect, if any, of the following events on its S status?

1. The board of directors of the corporation revokes its S election in March of the current year.

1. A shareholder who is a citizen of Mexico and works in San Antonio retires and moves back to Mexico
2. The corporation acquires an interest in a partnership.
3. Because of the death of a shareholder, the total number of shareholders increases from 98 to 101.
4. A shareholder transfers her stock to a newly formed LLC.