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Exercise 16-5 (Algorithmic) (LO. 6) Beckett Corporation has nexus with States A and B. Apportionable income for the year totals $1,135,000. Beckett's apportionment factors for
Exercise 16-5 (Algorithmic) (LO. 6) Beckett Corporation has nexus with States A and B. Apportionable income for the year totals $1,135,000. Beckett's apportionment factors for the year use the following data. Compute Beckett's B taxable income for the year; B uses a three-factor apportionment formula with a double-weighted sales factor. State A $1,362,000 State B $817,200 Total $2,179,200 Sales $227,000 $0 $227,000 Property Payroll $340,500 $0 $340,500 not round any division. Round your final answer to the nearest dollar. 0.1875 X
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