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! Requlred Information Problem 2 2 . 4 9 ( LO 2 2 - 3 ) ( Algo ) [ The following information applies to
Requlred Information
Problem LO Algo
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 under both the daily allocation and the specific identification
allocation methods? Refer to the following table for the timing of SleepEZ's income.
Note: Do not round Intermedlate calculations. Round your final answers to the nearest whole dollar amount.
Problem Part a Algo
There are no sales of SleepEZ stock during the year.
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