Assume the following S corporations and gross receipts, passive investment income, and corporate E&P. Will any of these corporations have its S election terminated due to excessive passive income? If so, in what year? All became S corporations at the beginning of year 1. (Leave no answer blank. Select "NA" if no effect.)

d. Jonas Corp.

	Gross		Passive Investment		Corporate Earnings
Year	Receipts		Income		and Profits
1	$	1,101,820	$	255,000	$575
2	$	998,250	$	242,500	$475
3	$	801,100	$	235,000	$375
4	$	804,250	$	219,570	$275
5	$	751,500	$	205,000	$175