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 17 (76 days) March 18 through December 31 (289 days) January 1 through December 31, 2019 (365 days) Income $ 150,000 400,000 $ 550,000 (Do not round intermediate calculations. Round your final answers to the nearest whole dollar amount.) c. On March 17. 2019, Winkin and Nod each sell their shares to Blinkin c. On March 17, 2019, Winkin and Nod each sell their shares to Blinkin. X Answer is complete but not entirely correct. Income Reported Daily Specific Allocation Identification Method Method $ 41,297 X $ 50.000 $ 512,406 X $ 450,000 X $ 41,297 X $ 50,000 Winkin Nod Blinkin