Rick, a computer consultant, owns a separate business (not real estate) in which he participates. He has one employee who works part-time in the business. a. If Rick participates for 550 hours and the employee participates for 2,000 hours during the year, Rick qualifies as a material participant. b. If Rick participates for 500 hours and the employee participates for 620 hours during the year, Rick qualifies as a material participant. c. If Rick participates for 120 hours and the employee participates for 120 hours during the year, Rick does not qualify as a material participant. d. If Rick participates for 95 hours and the employee participates for 5 hours during the year, Rick probably does not qualify as a material participant. e. None of these choices applies here.\