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Harry, Ron and Hermione each own a one-third interest in Potter Corp., a calendar year S corporation. During 2020, Ron sold his interest in Potter

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Harry, Ron and Hermione each own a one-third interest in Potter Corp., a calendar year S corporation. During 2020, Ron sold his interest in Potter Corp. to Harry, Ron owned his one-third interest in Potter Corp. for the first 100 days of 2020; Harry owned it for the remaining 266 days of 2020. Note: 2020 has 366 days. In addition to its ordinary business income, Potter Corp, sold a piece of land for a gain of $1,800,000 on February 1, 2020 Under the interim closing of the books methods, what amount of the $1,800,000 gain is allocated to Ron, if any? Numerie Response

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