Joe, Ben, and Melissa are partners in Collins Partnership. All three use a calendar year-end for their individual taxes. Collins Partnership’s year-end is likely to be:

a. October 31 since that is only three months prior to calendar year-end

b. The end of any month during the year

c. January 31 but only if Collins Partnership’s accounting year-end is January 31

d. December 31

e. None of the above