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  3. i tried to solve this question: $70,000*(90/365)

I tried to solve this question: $70,000*(90/365) = 17260 or $70000*(89/365)= 17068.49 those are...

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Accounting

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I tried to solve this question:

$70,000*(90/365) = 17260

or

$70000*(89/365)= 17068.49

those are not correct answer..

Noelle, the owner of all of the shares of Clockco, an S corporation, transfers her stock to Grayson on April 1. ClockCo reports a $70,000 NOL for the entire tax year, but only $10,000 of the loss occurs during January-March. Assume 365 days in a year. Round per day computations to five decimal places. Round final answers to the nearest dollar. Without a short-year election, how much of the loss is allocated to Noelle and how much is allocated to Grayson? Noelle's loss allocation: $

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