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 2018 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 17 (107 days)	$	128,000
April 18 through December 31 (258 days)		406,000
January 1 through December 31, 2018 (365 days)	$	534,000

a. There are no sales of SleepEZ stock during the year.

Income Reported
	Daily Allocation Method	Specific Identification Method
Winkin
Blinkin
Nod

b. On April 17, 2018, Blinkin sells his shares to Nod.

c. On April 17, 2018, Winkin and Nod each sell their shares to Blinkin.