How do proprietorships and partnerships compare when it comes to taxation? Select one: a. A proprietorship's profits are taxed only if cash is withdrawn from the business; the partners' share of profits is taxed, whether or not cash is withdrawn from the business. b. A proprietorship's profits are taxed only if cash is withdrawn from the business; the partners' share of profits is taxed only if cash is withdrawn from the business. c. A proprietorship's profits are taxed, whether or not cash is withdrawn from the business; the partners' share of profits is taxed, whether or not cash is withdrawn from the business. d. A proprietorship's profits are taxed, whether or not cash is withdrawn from the business; the partners' share of profits is taxed if cash is withdrawn from the business.