Mark for follow up Question 71 of 75. Which of these corporations is potentially eligible to make an S corporation election? Corporation I is a domestic corporation. There is only one class of stock with 95 shareholders who are all individuals living in the United States. Corporation II is a domestic corporation using a calendar year tax year. 85% of the shareholders agree to the S corporation election. Corporation III is a domestic corporation with one class of stock. There are three shareholders: two are individuals who are residents of the United States, the third shareholder is a part O Corporation IV is not a domestic corporation, but all shareholders are United States citizens. There is one class of stock. Mark for follow up Question 72 of 75