Rene owns four small businesses. Rene spends the following number of hours this year working in those businesses: Business A, 105 hours; Business B, 130 hours; Business C, 120 hours; Business D, 99 hours. Which of the following statements is correct?
A. Businesses A, B, and C are significant participation activities.
B. Businesses A, B, C, and D are all significant participation activities.
C. Businesses A, B, and C are material participation activities.
D. Both businesses A, B, and C are material participation activities and businesses A, B, and C are significant participation activities are correct.
Answer: A
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