The de minimis rule allows a taxpayer to disregard foreign base company income and adjusted gross insurance income if which of the following conditions is satisfied?

A) Either one is less than $10 million or 15 percent of the corporation's gross income

B) The combined total of the two is less than $5 million or 1 percent of gross income

C) The combination of the two is less than the lesser of $1 million or 5 percent of the CFC's gross income

D) The combined total of the two is less than the greater of $1 million or 10 percent of gross income