partnerships or corporations to shift income WRT a calendar years corporation, has 100 shares of outstanding stock. At the beginning of the year, Mr. Wallace owned all 100 shares On September 30, he gave 25 shares to his brother and 40 shares to his daughter. WRT's ordinary income for the year was S202.000 Required: What portion of this income must each shareholder include in income? (Assume 365 days in a year. Round income per day of ownership to 4 decimal places. Round other intermediate calculations and final answers to the nearest whole dollar amount.) Answer is not complete. Amount $ 80 800 3 Brother's income Daughter's Income Mr Wallace's Income S 80.800