Noelle, the owner of all of the shares of ClockCo, an S corporation, transfers her stock to Grayson on April 1. ClockCo reports a $177,000 NOL for the entire tax year, but only $26,550 of the loss occurs during January-March.

Assume 365 days in a year. Round per day computations to five decimal places. Round final answers to the nearest dollar.

Without a short-year election, how much of the loss is allocated to Noelle and how much is allocated to Grayson?

Noelle's loss allocation: $fill in the blank 1

Grayson's loss allocation: $fill in the blank 2

If the corporation makes the short-year election, how much of the loss is allocated to Grayson?

$fill in the blank 3