Which of the following statements is correct?

	a.	If a parent corporation loses its S corporation status, the Q Sub election will terminate as of the last day of the previous tax year.
	b.	If a parent corporation loses its S corporation status, thereby terminating the Q Sub election, the former Q Sub will be able to retain its S corporation status.
	c.	For taxable years beginning i n 2007. if the qualified subchapter S subsid iary ceases to be a qualified subchapter S subsidiary, the sale is treated as a sale of an undividedinterest i n the assets of the qual ified subchapter S subsidiary based on the percentage of the stock sold.
	d.	All of the above