Question
Delicious Daves Maple Syrup, a Vermont corporation, has property in the following states: Property State Beginning Ending Maine $ 979,746 $ 1,052,867 Massachusetts $ 143,813
Delicious Daves Maple Syrup, a Vermont corporation, has property in the following states: Property State Beginning Ending Maine $ 979,746 $ 1,052,867 Massachusetts $ 143,813 $ 259,053 New Hampshire $ 426,867 $ 326,967 Vermont $ 930,532 $ 964,776 Total $ 2,480,958 $ 2,603,663 What are the property apportionment factors for Maine, Massachusetts, New Hampshire, and Vermont in each of the following alternative scenarios? (Round intermediate calculations and final answers to 2 decimal places.) a. Delicious Daves has income tax nexus in each of the states.b. Delicious Daves has income tax nexus in each of the states, but the Maine total includes $470,000 of investment property that Delicious rents out (unrelated to its business). c. Delicious Daves has income tax nexus in each of the states, but it also pays $57,000 to rent property in Massachusetts.
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