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Question 5 1 pt Lili is a writer who forms a greeting card business in California called Lili's Love Notes, LLC, that sends out customized

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Question 5 1 pt Lili is a writer who forms a greeting card business in California called "Lili's Love Notes, LLC", that sends out customized birthday wishes and flowers to people during special occasions. During year 1, Lili operates the business and makes $100,000. In year 2, Lili spends money and the LLC loses $10,000. In year 3, Lili becomes too busy to run the business and does not operate it at all. At the end of year 3, Lili shuts down the business by formally dissolving it with the State. In which years is Lili responsible for paying State tax to California's Franchise Tax Board? Years 1 and 2, but not Year 3 Years 1 and 3, but not Year 2 All three years Year 1 only

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