Rick, a part-time computer programmer, bought an interest in a coffee shop that is located near his house at the very end of the prior year. The coffee shop has one part-time employee, but Rick is actively engaged in the coffee shop operations. Rick does not have any other investments outside of a brokerage account that holds publicly traded stock and bonds. Which of the following statements is true?  单项选择题

If, during the year, Rick participates for 400 hours in the coffee shop and the employee participates for 620 hours, then Rick qualifies as a material participant under section 469.

If, during the year, Rick participates for 550 hours in the coffee shop and the employee participates for 1,200 hours, then Rick qualifies as a material participant under section 469.

If, during the year, Rick participates for 120 hours in the coffee shop and the employee participates for 120 hours, then Rick does not qualify as a material participant under section 469 because he did not exceed the amount of time spent by the employee.

If, during the year, Rick participates for 95 hours in the coffee shop and the employee participates for 85 hours, then Rick qualifies as a material participant under section 469.

None of the above are true.