$1$

This year, HPLC$,$ LLC$,$ was formed by H Incorporated, P Incorporated, L Incorporabed, and C Incorporated. Each member had an equal share in the LLCs capital. H incorporased, $P$ incorporated, and L Incorporated each had a $30$ percent profits interest in the LLC$,$ with C Incorporated having a $10$ percemt profits interest. The members had the following tax yearends: $H$ incorporated $[$V$/31],$ P Incorporated $[\frac{5}{31}],$ Lincorporated $[7/31],$ and C Incorporated $[10/31]$ What tax year$-$end must the LLC use?

Mutiple Choice

$731$

$\frac{10}{31}$

$131$