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Classroom Inc., with its head office in Toronto, Ontario and other permanent establishments in the provinces of British Columbia and Manitoba, and in the

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Classroom Inc., with its head office in Toronto, Ontario and other permanent establishments in the provinces of British Columbia and Manitoba, and in the United States, has taxable income of $552,500. Assume that the corporation's gross revenue and salaries and wages are attributable to its permanent establishments as follows: Gross revenue Salaries and wages British Columbia 1.326,000 221,000 Ontario 3,978,000 884,000 Manitoba 4,420,000 994,500 United States 663,000 110,500 Total 10,387,000 2,210,000 Dividends not attributable 221,000 10,608,000 2,210,000 REQUIRED: Compute the amount of the company's taxable income attributable to each province and determine the amount of the company's abatement. A) Taxable income attributable % *enter with only 1 decimal for %-e.g. enter 15.5 and not 15.48 %. Enter 20 for 20.0%* British Columbia Ontario: Amount 1,326,000 Salaries and Average Gross revenue % Amount wages % % 13 221,000 10 10 12 3,978,000 38 884,000 40 39 Manitoba 4,420,000 43 994,500 45 44 United States 663,000 6 110,500 5 Total 10,387,000 100.0 2,210,000 100 United States 663,000 6 110,500 Total 10,387,000 100.0 2,210,000 B) Taxable income attributable *do not enter commas or decimals e.g. enter "1000" not "1,000.25"* BC Ontario Manitoba 5 SI 100 Blank 12 Blank 13 Blank 14 Is the US portion taxable for the taxable income attributable? Blank 15 (enter yes/no) C) what is the the amount of the company's abatement amount deductible from the corporation tax otherwise payable: Blank 16

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