Tom Owns Five Activities,and He Elects Not to Group Them

Tom owns five activities,and he elects not to group them together as a single activity under the "appropriate economic unit" standard.During the year,he participates for 120 hours in Activity A,150 hours in Activity B,140 hours in Activity C,110 hours in Activity D,and 100 hours in Activity E.

A) Activities A,B,C,D,and E are all significant participation activities.
B) Tom is a material participant only in Activities A,B,and C.
C) Tom is a material participant in Activities A,B,C,D,and E.
D) Tom is not a material participant in any of the activities.
E) None of the above.