1. Brady Corporation is a Nebraska Corporation, but owns business and investment property in surrounding states as well. What is the amount of nonbusiness income allocated to Nebraska?

   1. $16,000 of dividend income.
   2. $10,000 of interest income.
   3. $16,000 of rental income for South Dakota property.
   4. $20,000 of royalty income for an intangible used in South Dakota (where nexus exists).
   5. $24,000 of royalty income from Kansas (where nexus does not exist).
   6. $15,000 of capital gain from securities held for investment.
   7. $30,000 of capital gain on real property located in South Dakota.

2. Same facts as the prior questions, what is the amount of nonbusiness income allocated to South Dakota?