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 February 12 (42 days)	$	128,000
February 13 through December 31 (323 days)		362,000
January 1 through December 31, 2018 (365 days)	$	490,000

b. On February 12, 2018, Blinkin sells his shares to Nod.

Income reported

	Daily Allocation method	Specific Identification Method
Winkin
Blinkin
Nod

c. On February 12, 2018, Winkin and Nod each sell their shares to Blinkin.

Income reported

	Daily Allocation method	Specific Identification Method
Winkin
Blinkin
Nod