1. . . .... porated conducts business in State M and State N, which both use the UDITPA three-factor formula to apportion income State M's corporate tax rate is 4.5 percent, and State N's corporate tax rate is 7 percent. This year, Oldham had the following sales, payroll, and property (in thousands of dollars) in each state: P=++ "Tax rate" in decimals and not in perse to 4 decimal places, e.g. 47.15% would be 0.4715. Enter "Apportionment percentage" and Note: Round all apportionmer factors to 4 der centage. Do not round any intermediate values. Enter your answers in dollars and not in