Jackie, Sam, and Renee form a partnership. Their ownership percentages are 55% 30% and 15% respectively, and they agree to share profits and losses in these ratios. Sam and Renee both use a June 30 fiscal year-end, while Jackie uses a March 31 fiscal year-end. Unless the partnership obtains IRS permission to adopt a different taxable year, this partnership will use a:

a. It can adopt any year-end the partners would like to use because this is a newly formed partnership

b. December 31 calendar year-end

c. March 31 fiscal year-end

d. June 30 fiscal year-end

e. None of the above