Noon, Inc., a calendar year S corporation, is equally owned by Ralph and Thomas. Thomas dies on April 1 (not a leap year), and his estate selects a March 31 fiscal year. Noon has $400,000 of income for January 1 through March 31 and $600,000 for the remainder of the year. a. Determine how income is allocated to Ralph and Thomas under the pro rata approach. b. Determine how income is allocated to Ralph and Thomas under the per-books method.