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Required information (The following Information applies to the questions displayed below.) Winkin, Blinkin, and Nod...

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Accounting

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Required information (The following Information applies to the questions displayed below.) Winkin, Blinkin, and Nod are equal shareholders in Sleepez, an Scorporation. In the conditions listed below, how much income should each report from SleepEZ for 2019 under both the daily allocation and the specific identification allocation method? Refer to the following table for the timing of SleepEZ's income. Period January 1 through March 17 (76 days) March 1e through December 31 (289 days) January 1 through December 31, 2019 (365 days) Income $ 215,000 431,000 $ 646,000 (Do not round Intermediate calculations. Round your final answers to the nearest whole dollar amount.) a. There are no sales of Sleepez stock during the year. Income Reported Daily Specific Allocation Identification Method Method Winkin Blinkin Nod

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