Two member LLC is being taxed as an S Corp. They sold the business, including the EIN and name. The previous owners will receive K1s marked as final without and income allocated to them because the sale happened in the beginning of the year and the new owners just get added as K1 recipients, correct? The depreciation stays the same and the new owners who personally borrowed money get to deduct the interest expense but not add anything to the depreciation schedule since everything (building, equipment, etc) is already being depreciated? The sellers could be paying capital gains depending on the value and their cost basis.