ABC has the following data: (in thousands)

	Louisiana	Mississippi	Other	Total
Sales	600	300	100	1000
Payroll	80	40	0	120
Property	200	400	0	600

Their federal taxable income for the year is $500,000. Louisiana is their state of incorporation. They expanded into Mississippi 2 years ago. Additional information:

a.This income includes interest income of $15,000.

b.Federal income liability is $170,000.

Assuming Louisiana has a throwback rule, how much income should be apportioned to Louisiana? To Mississippi?

How does your above answer change if Louisiana doesnt have a throwback rule?