Assume Joe Harry sells his 25 percent interest in Joe's S Corp., Inc., to Tyrone on January 29. Using the specific identification allocation method, how much income does Joe Harry report if Joe's S Corp., Inc., earned $300,000 from January 1 to January 29 and a total of $1,277,500 from January 1 through December 31 (365 days)? Multiple Choice o $24.500. o $75,000. o $98,000. o $300,000. o None of the choices are correct