1. LeMond Incorporated, a Wisconsin corporation, runs bicycle tours in several states. LeMond also has a Wisconsin retail store and an Internet store that ships to out-of-state customers. The bicycle tours operate in Colorado, North Carolina, and Wisconsin where Armstrong has employees and owns and uses tangible personal property. Armstrong has real property only in Wisconsin and logs the following sales:

   Armstrong Sales

   State Goods Services Total

   Arizona $34,194 $0 $34,194

   California 110,612 0 110,612

   Colorado 24,913 356,084 381,997

   North Carolina 16,721 225,327 242,048

   Oregon 15,431 0 15,431

   Wisconsin 241,982 877,441 1,119,423

   Totals $444,853 $1,458,852 $1,903,705

   Assume the following tax rates: Arizona (5.6 percent), California (7.75 percent), Colorado (8 percent), North Carolina (6.75 percent), Oregon (8 percent), and Wisconsin (5 percent). How much sales and use tax must LeMond collect and remit?

1. Bulldog Incorporated is a Georgia corporation. It properly included, deducted, or excluded the following items on its federal tax return in the current year:

   Item Amount Federal Treatment

   Georgia Income Taxes $25,496 Deducted on federal return

   Tennessee Income Taxes $14,653 Deducted on federal return

   Washington Gross Receipts Tax $3,105 Deducted on federal return

   Georgia Bond Interest $10,000 Excluded from federal return

   Federal T-Note Interest $4,500 Included on federal return

   Domestic Production Act. Ded. (DPAD) $15,096 Deducted on federal return

   Bulldogs federal taxable income was $194,302. Calculate its Georgia state tax base.