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* 16. LO.6 Dion, an S shareholder, owned 20% of Meadow Brook's stock for 292 days and 25% for the remaining 73 days in the

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* 16. LO.6 Dion, an S shareholder, owned 20% of Meadow Brook's stock for 292 days and 25% for the remaining 73 days in the year. Using the per-day allocation method, compute Dion's share of the following corporation items. Schedule K Totals Dion's Schedule K-1 Totals Ordinary income $60,000 Tax-exempt interest 1,000 Charitable contributions 3.400 12-31

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