Dion, a shareholder, owned 30% of MeadowBrook's stock for 292 days and 45% for the remaining 73 days in the year. Using the per-day allocation method, compute Dion's share of the following S corporation items. Schedule K Totals Ordinary income $90,000 Tax-exempt interest 1,000 Charitable contributions 3,400 What is Dion's total ordinary income allocation for the year

Biochemical corp. requires $600,000 in financing over the next three years. the firm can borrow the funds for three years at 10.80 percent interest per year. the ceo decides to do a forecast and predicts that if she utilizes short-term financing instead, she will pay 7.50 percent interest in the first year, 12.15 percent interest in the second year, and 8.25 percent interest in the third year. assume interest is paid in full at the end of each year. a)determine the total interest cost under each plan. a) long term fixed rate: b) short term fixed rate: b) which plan is less costly? a) long term fixed rate plan b) short term variable rate plan