Question $5$

$2$ pts

This year, HPLC$,$ LLC$,$ was formed by H Incorporated, P Incorporated, L Incorporated, and C Incorporated. Each member had an equal share in the LLC S capital. H Incorporated, P Incorporated, and L Incorporated each had a $30$ percent profits interest in the LLC$,$ with C Incorporated having a $10$ percent profits interest. The members had the following tax yearends: H Incorporated $[1/31].$ P incorporated $[5/31],$ Lincorporated $[7/31],$ and C ncorporated $[10/31].$ What tax year$-$end must the LLC use?

$1/31$

$\frac{5}{31}$

$\frac{7}{31}$

$10,31$