Blue, Inc, Receives Its Support from the Following Sources

Blue, Inc., receives its support from the following sources. Governmental unit A for services rendered $18,000
General public for services rendered 25,000
Gross investment income 8,000
Contributions from individual disqualified persons 19,000
Which of the following statements is correct?

A) Blue is a private foundation because it satisfies the external support test and fails the internal support test.
B) Blue is not a private foundation because it fails both the internal and external support tests.
C) Blue is a private foundation because it satisfies both the external support test and the internal support test.
D) Blue is not a private foundation because it satisfies both the external support test and the internal support test.