Question: Exercise 1 1 - 1 4 ( Algorithmic ) ( L 0 . 6 ) Dion, an 5 shareholder, owned 2 0 % of MeadowBrook's

Exercise 11-14(Algorithmic)(L0.6)
Dion, an 5 shareholder, owned 20% of MeadowBrook's stock for 292 days and 25% for the remaining 73 days in the year.
Using the required per-dor allacation method, compute Disn's share of the following S eerporation items.
Assume 365 days in a year.
\table[[,Schedule K Totals,Dion's Schedule K-1 Totals],[Ordinary Income,$224,000,1,
Exercise 1 1 - 1 4 ( Algorithmic ) ( L 0 . 6 )

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