[Solved] Which of the following statements is correct? A) The AMT applies to both the individual taxpayer and the C corporation. B) The individual AMT rates are 26% and 28%. C) The C corporation AMT rate is 20%. D) Only a. and b. are correct. E) a., b., and c. are correct. Microorganisms: Very small, often single-celled organisms that can be bacteria, fungi, viruses, or protozoa, not visible to the naked eye. Iron Formation: A sedimentary rock consisting of alternating layers of iron-rich minerals and silica or carbonate, typically formed in Precambrian seas. Seawater: The saltwater that makes up the oceans and seas, covering more than 70% of the Earth's surface, containing various salts and life forms. Silica-rich Organisms: Organisms that produce silica (silicon dioxide) as part of their structure, such as diatoms and certain sponges.