Multiple Choice Question

Trixie $($an individual$),$ Speed Corp. and Pops, Inc. each own a capital and profits interest in Mock Five Partnership of $20\%,40\%$ and $40\%,$ respectively. Trixie has a calendar year$-$end, Speed has a May $31$ year$-$end and Pops has an August $31$ year$-$end. What year$-$end must Mock Five use?

$31-$Dec$31-$May$31-$AugPartner$\%$Tax Year

Months Deferral MD

$\%$ xMD

$\%$ x

MD

MD

$\%$ x

MD

Trixie$20\%31-$Dec$0072\mathrm{.}141\mathrm{.}2$Speed$40\%31-$May$520093\mathrm{.}6$Pops$40\%31-$Aug$83\mathrm{.}231\mathrm{.}200$Total$5\mathrm{.}23\mathrm{.}34\mathrm{.}8$