Assume Joe Harry sells his 25 percent interest in Joe's S Corporation, to Tyrone on January 29 . Using the specific identification allocation method, how much income does Joe Harry report if Joe's S Corporation, earned $195,000 from January 1 to January 29 and a total of $365,000 from January 1 through December 31(365 days)? Multiple Choice $48,750 $195,000 $7,000 $28,000 None of the cholces are correct