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2. Cat Corp has the following information: Total state taxable income: $50 million Sales: State A: $60 mil State B $30 mil Other states: $50

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2. Cat Corp has the following information: Total state taxable income: $50 million Sales: State A: $60 mil State B $30 mil Other states: $50 mil Payroll: State A: $10 mil State B: $5 mil Property State A: State B $25 mil $25 mil I Cat is incorporated in State A State A uses a 3-factor apportionment formula State B uses a 4- factor formula (Sales is double-weighted). How much income is apportioned to State A? State B?|

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