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Lido Inc. does business in two states, X and Y. State X uses an equal-weighted three-factor apportionment formula and has a 4 percent state tax

Lido Inc. does business in two states, X and Y. State X uses an equal-weighted three-factor apportionment formula and has a 4 percent state tax rate. State Y bases its apportionment only on the sales factor and has a 5 percent state tax rate. Lido's state-level taxable income before apportionment is $1,750,000.

State X State Y Total
Sales $ 4,600,000 $ 1,300,000 $ 5,900,000
Payroll 1,200,000 800,000 2,000,000
Average property 2,200,000 700,000 2,900,000

Calculate Lido's apportionment factors, income apportioned to each state, and state tax liability. (Round all apportionment factors to 2 decimal places, e.g., .04715 would be entered as 47.15% and final answer dollar values to the nearest whole dollar.)

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