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Required information [The following information applies to the questions displayed below.) Winkin, Blinkin, and Nod are equal shareholders in Sleepez, an corporation. In the conditions

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Required information [The following information applies to the questions displayed below.) Winkin, Blinkin, and Nod are equal shareholders in Sleepez, an corporation. In the conditions listed below, how much income should each report from SleepEZ for 2019 under both the daily allocation and the specific identification allocation method? Refer to the following table for the timing of SleepEZ's income. Period Income January 1 through March 8 (67 days) $ 156,000 March 9 through December 31 (298 days) 361,000 January 1 through December 31, 2019 (365 days) $ 517.000 (Do not round intermediate calculations. Round your final answers to the nearest whole dollar amount.) c. On March 8, 2019, Winkin and Nod each sell their shares to Blinkin. Income Reported Daily Specific Allocation Identification Method Method Winkin Nod Blinkin - Required information [The following information applies to the questions displayed below.) Winkin, Blinkin, and Nod are equal shareholders in Sleepez, an corporation. In the conditions listed below, how much income should each report from SleepEZ for 2019 under both the daily allocation and the specific identification allocation method? Refer to the following table for the timing of Sleepez's income. Period Income January 1 through March 8 (67 days) $ 156,000 March 9 through December 31 (298 days) 361,080 January 1 through December 31, 2019 (365 days) $ 517,000 (Do not round intermediate calculations. Round your final answers to the nearest whole dollar amount.) b. On March 8, 2019, Blinkin sells his shares to Nod. Income Reported Daily Specific Allocation Identification Method Method Winkin Blinkin Nod Required information [The following information applies to the questions displayed below) Winkin, Blinkin, and Nod are equal shareholders in Sleepez, an S corporation. In the conditions listed below, how much income should each report from SleepEZ for 2019 under both the daily allocation and the specific identification allocation method? Refer to the following table for the timing of Sleepez's income. Period January 1 through March 8 (67 days) March 9 through December 31 (298 days) January 1 through December 31, 2019 ( 365 days) Income $ 156,000 361, eee $ 517,000 (Do not round intermediate calculations. Round your final answers to the nearest whole dollar amount.) a. There are no sales of Sleepez stock during the year. Income Reported Daily Specific Allocation Identification Method Method Winkin Blinkin Nod

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