Brass Corporation, a C Corporation, had gross receipts of $5 million in 2010, $6 million in 2011, and $3 million in 2012. Silver Corporation, a personal service corporation (PSC), had gross receipts of $4 million in 2010, $7 million in 2011, and $5 million in 2012. Which of the corporations will be allowed to use the cash method of accounting in 2013? Select one:

a. Silver Corporation only

b. Neither Brass Corporation nor Silver Corporation.

c. Brass Corporation only.

d. Both Brass Corporation and Silver Corporation.