Select from the pop-up boxes the best match for each item. Double-click on each blank box to see a list of answer choices and click on your selection. Each choice may be used once, more than once, or not at all. Assume that Subchapter S rules, if applicable, would require the corporation to adopt the calendar year for purposes of reporting federal income taxes. Situation Answer 1. Ownership of the 1,000 shares outstanding are evenly divided among 80 shareholders. The shareholders are 78 individuals, 10 of whom are married to each other, and two estates 2. A domestic corporation elects S status on April 15. 3. Articles of incorporation authorize 800 shares of voting common stock, 200 shares of nonvoting preferred, and no other shares 4. A domestic corporation elects S status on March 3. 5. Articles of incorporation authorize 1,000 shares of common stock and no other stock. One-fifth of the common stock has no voting rights