Sani Corporation has been a calendar-year S corporation for the last eight years and is owned 100% by Felicia. In Year 9, Felicia decides that she wants to terminate her S corporation election. If Felicia makes the termination election on February 20, Year 9 and does not specify a revocation date, when would the termination election take effect? O January 1. Year 1 O January 1, Year 9 O February 20, Year 9 O January 1, Year 10