John owned $10\%$ of Acme Corporation, an S Corporation, at all times during the year. The corporation had $$100,000$ of ordinary income during the year.

Group of answer choices

Acme may allocate more or less income to John depending upon the corporate bylaws

John may be a partner in the S Corporation

John can never sell his Acme stock.

John must report $$10,000$ of ordinary income attributable to Acme operations on his individual return.