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Dion, an S shareholder, owned 20% of MeadowBrook's stock for 292 days and 25% for the remaining 73 days in the year.
Using the required per-day allocation method, compute Dion's share of the following S corporation items.
Assume 365 days in a year.
| Schedule K Totals | Dion's Schedule K1 Totals | Ordinary income | $182,000 | $ | Tax-exempt interest | 1,820 | $ | Charitable contributions | 9,100 | $ | |
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