On January 1, 2023, Fannie and Beola own equally (fifty percent (50%)) of the stock of Leona Corporation, an S Corporation. Leona Corporation has a $86,200 Operating Loss for the year of 2023. On the 219th day of the year of 2023, Fannie sells her one-half (1/2) of the stock of Leona Corporation to her daughter, Winifred. How much of the $86,200 Operating Loss is allocated to Fannie? (Using the Per Day Method (Pro-Rata Method)). (The year 2023 is not a Leap Year). $25,860. $51,720. $ -0-. $17,240.

On january 1, 2023, Fannie and Beola own equally (fifty percent ( 50% )) of the stock of Leona Corporation, an 5 Corporation. Leona Corporation has a $86,200 Operating Loss for the year of 2023 . On the 219 th day of the year of 2023, Fannie sells her one-half (1/2) of the stock of Leona Corporation to her daughter, Win fred. How much of the $86,200 Operating Loss is allocated to Fannie? (Using the Per Day Method (Pro-Rata Method). (The year 2023 is not a Leap Year). $25,860. $51,720, $17,240