Janel owns five small businesses, each of which has its own manager and employees. janel spends the following number of hours this year working in the various businesses: business a, 130 hours; business b, 160 hours; business c, 110 hours; business d, 120 hours; business e, 100 hours. which of the following statements is correct? a. businesses a, b, c, d, and e are all significant participation activities. b.businesses a, b, c, and d are all significant participation activities. c.janel is considered a material participant in businesses a, b, c, and d. d.businesses a, b, c, and d are all significant participation activities and janel is considered a material participant in businesses a, b, c, and d.