Elyn and Danny form a Corporation on January 1, 2017 and make an S Corp election effective on that date. The only class of stock wed to Elyn and Danny is voting common stock. ( The ans Corporation since formation. Which of the following transactions will not cause the S Corp election to be terminated? OA Elyse 10 of her stock to the XYZ partnership On The corporation does an In Public Offering (IPO) and 1,000 new shareholders purchase the corporation's lock OC. The corporation sus preferred stock to Jon who contributes $100.000 to the corporation for the preferred stock, OD. The corporation purchases 100 shares of ABC Corporation for 55200,000