Which One of the Following Entities Cannot Use the Cash

Which one of the following entities cannot use the cash method for tax purposes?

A) A large almond farm with $40 million in gross receipts.
B) A continuing education provider with $20 million in gross receipts and 200 employees.
C) A law firm operating as a personal service corporation with $5.4 million in gross receipts.
D) A small sole proprietorship with $150,000 in gross receipts.
E) All of the above may use the cash method.