Question: Problem 1 1 - 4 9 ( LO 1 1 - 3 ) ( Algo ) [ The following information applies to the questions displayed
Problem LO Algo
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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 under both the daily allocation and the specific identification allocation methods? Refer to the following table for the timing of SleepEZ's income.
tablePeriodJanuary through April daysApril through December daysJanuary through December dayp
tableIncome$ $
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