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Foggy, Inc., a calendar-year corporation that has been in business for 10 years, makes an S corporation election on June 1, 2016. When will the

Foggy, Inc., a calendar-year corporation that has been in business for 10 years, makes an S corporation election on June 1, 2016. When will the election take effect? O A. January 1, 2016 B. June 1, 2016 O c. January 1, 2017 D. June 1, 2017 Submit Answers

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