Becca Franklin and Suzanne Peterson Formed an LLC as Co-Owners

Multiple Choice

Becca Franklin and Suzanne Peterson formed an LLC as co-owners and managers.The LLC made $275,000 after expenses last year.There are no provisions in their operating agreement on how profits are to be split.​
-What amount will Becca declare on her income tax return from the LLC?​

A) ​$137,500
B) ​the full $275,000
C) nothing, because the LLC reports that income and pays the taxes
D) the LLC must retain at least half of the $275,000 and Becca reports half of $137,500