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 2017 under both the daily allocation and the specific identification allocation method? Refer to the following table for the timing of SleepEZs income. Period Income January 1 through April 18 (108 days) $ 142,000 April 19 through December 31 (257 days) 423,000 January 1 through December 31, 2017 (365 days) $ 565,000 (Do not round intermediate calculations. Round your final answers to the nearest whole dollar amount.) c. On April 18, 2017, Winkin and Nod each sell their shares to Blinkin. Income Reported via dailiy allocation method for :

Winkin, Blinkin & Nod

Income Reported via Specific Identification Method for Winkin, Blinkin &Nod