1 Problem 23-43 (LO 23-3) (Algo) 20 poir Herger Corporation does business in California, Nevada, and Oregon and has income tax nexus in these states as well. Herger's Callfornia state tax base was $938.500 after making the required federalitate adjustments. Herger's federal tax return contains the following items: 000 Item Federal T-note interest income Nevada municipal bond interest income California municipal bond interest incore Interest expente related to T-note interest Income Royalty Income Travel expenses Determine Herger's business income. Amount $5,400 $ 4,170 $ 5,100 5 1,670 $ 139, 10,60 Business income Print References