Cliff Jordan is President and the largest stockholder of the company he founded 12 years ago, Prudential Roofing. The company specializes in designing and installing commercial roofing systems. The business has built up steadily over the years, growing from a three person startup company to its current size. Prudential roofing employs 47 full time people: 6 office staff, 4 salesmen, 12 warehouse and production workers and 25 installers. The company is organized as an S-Corporation. Bill Reese, age 50, joined the company just after Cliff started it and serves as vice-president. Several years ago, Cliff rewarded Bill for his long time contributions to company growth by giving him 15% of the company stock. Bill's salary is $90,000. Cliff's uncle, Dan, helped out with seed money years ago and owns 10% of the company stock. Dan takes no part in the business. The average tenure of employees is 7 years and the average age of the employees (excluding Cliff and Bill) is 41. The employees of Prudential are basically happy with the company. Turnover is low and morale is high. Cliff is 54 years old, married to Carla and has two children, Pat and Sam, both teenagers. Cliff's salary from the company is $145,000. Cliff is considering adding a qualified plan to the company. He has determined that his goals are to offer a plan that will help attract and retain employees as well as reduce taxes and expenses. Please use the case: Jordan when responding to this question. Plan forfeitures can be re-allocated in what type(s) of plans? I. Profit Sharing Plan II. Money purchase pension plan III. SEP IV. SIMPLE 401(k) A. (1) and (II) only B. (1) and (III) only OC. (II) and (III) only OD.(II) and (IV) only