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Oldham, incorporated conducts business in State M and State ( mathrm{N} ), which both use the UDITPA three-factor formula to apportion income. State M's corporate

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Oldham, incorporated conducts business in State M and State \\( \\mathrm{N} \\), which both use the UDITPA three-factor formula to apportion income. State M's corporate tax rate is 4.5 percent, and State N's corporate tax rate is 7 percent. This year, Oidham had the following sales. payroll, and property (in thousands of dollars) in each state: Required: Oldham's before-tax income was \\( \\$ 4.40 \\) milion. Compute Oidham's State \\( \\mathrm{M} \\) and State \\( \\mathrm{N} \\) tax if State \\( \\mathrm{N} \\) uses an apportionment formula in which the sales factor is double-weighted. Note: Round all apportionment foctors to 4 decimal places, e.g., \47.15 would be 0.4715 . Enter \"Apportionment percentage\" and \"Tox rate\" In decimals and not in percentage. Do not round any intermediate volues. Enter your answers in dollars and not In millions or thousands of doliers

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