3. An S corporation has 30,000 shares of voting common stock and 20,000 shares of nonvoting common stock issued and outstanding. The S election can be revoked voluntarily with the consent of the shareholders holding, on the day of the revocation, the following number of outstanding shares.

Shares of Voting Stock Shares of Nonvoting Stock

a. 0

b. 7,500

c. 10,000

d. 20,000 20,000 5,000 16,000 0