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Which of the following individuals materially participate in the described activity? Check all that apply! SEE CHAPTER 11 NOTES! Wanda spends 300 hours per year

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Which of the following individuals materially participate in the described activity? Check all that apply! SEE CHAPTER 11 NOTES! 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)

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