Noelle, the owner of all of the shares of ClockCo, an S corporation, transfers her stock to Grayson on April 1. ClockCo reports a $222,000 NOL for the entire tax year, but $33,300 of the loss occurs during January-March.

Assume 365 days in a year. If required, round your answers to the nearest dollar.

Without a short-year election, $_________ of the loss is allocated to Noelle, and $_______ is allocated to Grayson.

If the corporation makes the short-year election, Grayson is allocated $_______ of the loss.