Herger Corporation does business in California, Nevada, and Oregon and has nexus in these states as well. Herger's California state tax base was $921,023 after making the required federal/state adjustments. Herger's federal tax return contains the following items:

Item ______________________________________________...........__Amount

Federal T-note interest income ................................................ $5,000

Nevada municipal bond interest income ................................. $3,400

California municipal bond interest income .............................. $6,000

Interest expense related to T-note interest income ................ $1,400

Royalty income .......................................................................... $100,000

Travel expenses ............................................................................. $9,025

Determine Herger's business income.