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Please show calculations and solve for the correct answer On January 1, 2020. Marsha and Jan were each 50% shareholders of Brady Corp. a calendar-year

Please show calculations and solve for the correct answer
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On January 1, 2020. Marsha and Jan were each 50% shareholders of Brady Corp. a calendar-year S corporation. During 2020, Marsha sold her shares of Brady Corp. to Cindy for $1,000,000. Marsha owned the shares for 100 out of 365 days during 2020, and Cindy owned the shares for the remaining 265 days of 2020 (assume 2020 was not a leap year). Brady Corp. had the following in 2020: Gross receipts: $1,362,978 Charitable contribution: $84,362 (donation made March 1, 2020) Compensation: $254,913 Unless otherwise indicated, assume all items were earned/incurred ratably over the year (i.e. 100/365 while Marsha was a shareholder). What amount of charitable contribution is allocated to Marsha? Assume a short- year election was made (i.e. there was an interim closing of the books). Round your answer to the nearest whole dollar, and enter your answer as a positive number. You Answered 84,362 Correct Answer 42,181 margin of error - 2

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