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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 January 1 through March 17 (76 days) March 18 through December 31 (289 days) January 1 through December 31, 2019 (365 days) Income $ 215,000 431,000 $ 646,000 (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. Income Reported Daily Specific Allocation Identification Method Method Winkin Nod Blinkin

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