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It is Canadian Income Tax AP 12-7 (Geographical Allocation of Income) The Sundean Company has its national headquarters in Toronto, and all senior management have

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It is Canadian Income Tax

AP 12-7 (Geographical Allocation of Income) The Sundean Company has its national headquarters in Toronto, and all senior management have their offices at this location. The company also has operations in Vancouver, Calgary, Sas- katoon, and Halifax. In each of these cities, warehouse space is maintained that orders are filled from. In addition, a sales staff operates out of office space in each warehouse, taking orders throughout the province in which the warehouse is located. For the current taxation year, the company's taxable income totalled $1,546,000, on gross reve- nues of $10,483,000. Also during the current year, the company had salaries and wages totalling $1,247,000. These gross revenues and expenses were distributed among the provinces where the company has operations in the following manner: Alberta British Columbia Nova Scotia Saskatchewan Ontario Total Gross Revenues $ 1,886,940 2,306,260 1,362,790 1,257,960 3,669,050 $10,483,000 Wages and Salaries Accrued $ 261,870 274,340 174,580 99,760 436,450 $1,247,000 Required: Calculate the amount of Sundean Company's taxable income for the current year that would be allocated to each of the five provinces. Any percentages used in the calculations should be rounded to one decimal place

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