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Winkin, Blinkin, and Nod are equal shareholders in Sleepez, an corporation On March 15, 2021, Blinkin sells his shares to Nod How much income should

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Winkin, Blinkin, and Nod are equal shareholders in Sleepez, an corporation On March 15, 2021, Blinkin sells his shares to Nod How much income should Blinkin report from Sleepez for 2021 under the daly allocation? Refer to the following table for the timing of SleepEZ's income Income Period January 1 through March 15 74 days) March 16 through December 31 291 days) January 1 through December 31, 2021 (365 days) $100,000 345.500 $445,500 QUESTION Based upon the same ticts in the prior question, how much income should Nod report from Soupez Por 2025 under the specific identification method? QUESTION 4 2 Harry, Hermione, and Ron formed an S corporation called Bumblebore. Harry and Hermione both contributed cash of $25,000 to get things started. Ron was a bit short on cash but had a parcel of land valued at $60,000 (basis of $50,000) that he decided to contribute. The land was encumbered by a $30,000 mortgage. What tax bases will Ron have in his stock of Bumblebore

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