49. [LO 3] Winkin. Blinkin, and Nod are equal shareholders in Sleepsz. ans 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 $125.000 January through March 15 (74 days) March 16 through December 31 (291 days) January 1 through December 31, 2021 (365 days) 345,500 $470.500 a. There are no sales of Sleepez stock during the year. b. On March 15, 2021, Blinkin sells his shares to Nod. c. On March 15, 2021, Winkin and Nod each sell their shares to Blinkin, Use the following information to complete problems: UPAHill Corporation (an Scorporation) Income Statement December 31, year 1 and year 2 Year 1 Year 2 $175,000 Sales revenue $310.000 (60,000) (85.000) Cost of goods sold Salary to owners Jack and Jill Employee wages (40,000) (50,000) (15,000) (20,000) (10,000) (15.000) Depreciation expense (7.500) Miscellaneous expenses (9.000) 2.000 2.500 Interest income (related to business) 500 1.000 Qualified dividend income $45.000 $134,500 Overall net income