On January 1, Bobby and Alicia own equally all of the stock of an electing S corporation

Question:

On January 1, Bobby and Alicia own equally all of the stock of an electing S called Prairie Dirt Delight. The company has a $60,000 loss for the year (not a leap year). On the 219th day of the year, Bobby sells his half of the stock to his son, Bubba. How much of the $60,000 loss, if any, is allocated to Bubba?
Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...