Business, 28.12.2019 05:31, naniicapri3

Assume carin sells her 30-percent interest in blue s corp, inc. to cami on january 16, 2018. using the daily allocation method, how much income does carin report if blue earned $20,000 from january 1 to january 15 and a total of $500,000 from january 1 through december 31, 2018?

a. $20,000.
b. none of the choices are correct.
c. $6,000.
d. $6,164.

Answers: 2

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Assume carin sells her 30-percent interest in blue s corp, inc. to cami on january 16, 2018. using t...