Sharma Management, Inc. is closely held, and it is the general partner for Mining #1 and Mining #2. Sharma Management Inc.'s financial interest in these two limited partnerships is immaterial to it. Sherry Solomon, a member, has an investment that is not material to his net worth in the limited partnership Mining #1. Sherry Solomon has no investment in either Sharma Management or Mining #2. Which of the following statements is correct?

·       A) Sherry Solomon is not independent of Mining #2 or Sharma Management, Inc.

·       B) Sherry Solomon is independent of Mining #2 but not of Sharma Management, Inc.

·       C) Sherry Solomon is independent of both Mining #2 and Sharma Management, Inc.

·       D) Sherry Solomon is independent of Sharma Management, Inc. but not of Mining #2