Oldham, Incorporated conducts business in State M and State N, which both use the UDITPA three-factor formula to apportion income. State Ms corporate tax rate is 4.5 percent, and State Ns corporate tax rate is 7 percent. This year, Oldham had the following sales, payroll, and property (in thousands of dollars) in each state:

	State M	State N	Total
Gross receipts from sales	$ 3,000	$ 7,500	$ 10,500
Payroll expense	800	1,200	2,000
Property costs	900	1,000	1,900

Required:

Oldhams before-tax income was $3 million. Compute Oldhams State M and State N tax if State N uses an apportionment formula in which the sales factor is double-weighted.