ABC Was Formed as a Calendar-Year S Corporation with Alan

ABC was formed as a calendar-year S corporation with Alan, Brenda and Conner as equal shareholders. On May 1, 2014, ABC's S election was terminated after Conner sold his ABC shares (one-third of all shares) to his solely owned C corporation Conner, Inc. ABC reported business income for 2014 as follows (assume that there are 365 days in the year): $$\begin{array} { | l | r | } \hline { \text { Period } } & { \text { Income } } \\\hline \text { January 1 through April 30 (120 days) } & \$ 200,000 \\\hline \text { May 1 through December 31 (245 days) } & 530,000 \\\hline \text { January 1 through December 31 } & \$ 730,000 \\\hline\end{array}$$ If ABC uses the daily method of allocating income between the S corporation short tax year (January 1 - April 30) and the C corporation short tax year (May 1 - December 31), how much income will it report on its S corporation short tax year return and its C corporation short tax year return for 2014?