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49. LO 3) Winkin, Blinkin and Nod are equal shareholders in SleepEZ, an corporation. In the conditions listed below, how much income should each report

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49. LO 3) Winkin, Blinkin and Nod are equal shareholders in SleepEZ, an corporation. In the conditions listed below, how much income should each report from Sleepez for 2021 under both the daily allocation and the specific identification allocation methods? Refer to the following table for the timing of Sleepez's income. Period Income January 1 through March 15 (74 days) $125.000 March 16 through December 31 (291 days) 345 sds January 1 through December 31, 2021 (365 days) $470.500 a. There are no sales of Sleepez stock during the year. b. On March 15, 2021. Blinkin sells his shares to Nod

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