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please provide explanation for corect answer and incorrect answers Question: Puzzle Corporation has average gross receipts of $5.6 million $4.6 million and $4.7 million in

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please provide explanation for corect answer and incorrect answers

Question: Puzzle Corporation has average gross receipts of $5.6 million $4.6 million and $4.7 million in 2012, 2013, and 2014, respectively. Puzzle is A not subject to the corporate income tax B. a small corporation with respect to the AMT C subject to the AMT D.not a small corporation with respect to the AMT E None of the above

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