Question: Problem 1 0 - 3 1 ( LO . 5 ) Browne and Red, both C corporations, formed the BR Partnership on January 1 ,

Problem 10-31(LO.5)
Browne and Red, both C corporations, formed the BR Partnership on January 1,2023. Neither Browne nor Red is a personal service corporation, and BR is not a tax shelter. BR's gross receipts were $23,000,000, $29,000,000, $38,000,000, and $39,000,000, respectively, for 2023 to 2026.
Indicate the methods of accounting available to BR in each tax year.

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