Compute XYZ's apportionment factors for all three states. For at least one of the states (not all three), prepare the apportionment form using the income tax return forms for the current tax year. For example, use Form 120 for Arizona, Form K-120 for Kansas, or Form 512 for Oklahoma. You are only required to complete the apportionment schedule, not the entire tax return. Assume XYZ generates $100,200,000 of total revenue.

Use this resource to complete the State Apportionment assignment in Topic 8. You will use the table below to complete Part 2 of the assignment State departments of revenue are found at the following links: Arizona: https://azdor.gov Kansas: https://www.ksrevenue.org/index.h Oklahoma: https://www.ok.gov/tax/Forms& Publications/FormsIncome/ XYZ Corporation is not part of a consolidated group and is located at 3300 W. Camelback Road Suite 135, Phoenix, AZ 85017. The business is incorporated in the State of Arizona, and business started 1/14/2010. Its EIN is 86-1234567 and the NAICS code is 332311 The following information is available regarding the activity in each state Arizon:a Kansas Oklahoma Propertv: Inventory (at cost, beginning of vear Inventory (at cost), end of year 7,000,000 8,000,000 20,000,000 21,000,000 5,000,000 5,000,000 3,000,000 2,500,000 4,000,000 4,000,000 2,000,000 2,000,000 1,000,000 1,200,000 500,000 900,000 reciable assets, beginning of year iable assets, end of year Land, be Land, end of vear Rented of veaf 300,000 Wages: Compensation for officers Wages, salaries, and commissions 4.000,000 22,400,000 3,600,000 420,000 Sales: Sales of products, shipped from outside the 20,000,000 state 50,000,000 20,000,000 10,000,000 Sales of products, shipped from inside the state Sales of products, shipped to the U.S 200,000 overnment Sales of services Portfolio income 12,000 Use this resource to complete the State Apportionment assignment in Topic 8. You will use the table below to complete Part 2 of the assignment State departments of revenue are found at the following links: Arizona: https://azdor.gov Kansas: https://www.ksrevenue.org/index.h Oklahoma: https://www.ok.gov/tax/Forms& Publications/FormsIncome/ XYZ Corporation is not part of a consolidated group and is located at 3300 W. Camelback Road Suite 135, Phoenix, AZ 85017. The business is incorporated in the State of Arizona, and business started 1/14/2010. Its EIN is 86-1234567 and the NAICS code is 332311 The following information is available regarding the activity in each state Arizon:a Kansas Oklahoma Propertv: Inventory (at cost, beginning of vear Inventory (at cost), end of year 7,000,000 8,000,000 20,000,000 21,000,000 5,000,000 5,000,000 3,000,000 2,500,000 4,000,000 4,000,000 2,000,000 2,000,000 1,000,000 1,200,000 500,000 900,000 reciable assets, beginning of year iable assets, end of year Land, be Land, end of vear Rented of veaf 300,000 Wages: Compensation for officers Wages, salaries, and commissions 4.000,000 22,400,000 3,600,000 420,000 Sales: Sales of products, shipped from outside the 20,000,000 state 50,000,000 20,000,000 10,000,000 Sales of products, shipped from inside the state Sales of products, shipped to the U.S 200,000 overnment Sales of services Portfolio income 12,000