Which of the following individuals materially participate in the described activity?

Question 6 options:

	Wanda spends 300 hours per year managing and working on several duplexes she owns. She also works 600 hours as a real estate broker. These are her only personal service activities.
	Ted spends 150 hours per year working at a gas station he owns and his employees work a total of 6,000 hours at the facility. He also owns a bar where he works 250 hours a year and his employees work 5,500 hours at that facility
	Fred runs a part-time food and refreshment stand at a popular local lake during the summer. He spends a total of 80 hours working in the business and his wife spends about 30 hours working the business. They have no employees.
	Julie spends about 200 hours a year managing and working on an apartment building she owns. (Additional context: she is employed full time as a nurse)