Assume Joe Harry sells his 25 percent interest in Joe's S Corp., Inc., to Tyrone on January 29. Using the daily allocation method, how much income does Joe Harry report if Joe's S Corp., Inc., earned $180,000 from January 1 to January 29 and a total of $912,500 from January 1 through December 31 (365 days)?   a. $180,000. b. None of the choices are correct.   c. $18,125. d. $45,000. e. $70,000.

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