The management of Nixon Company must decide between locating a new branch office in foreign Jurisdiction F or foreign Jurisdiction G. Regardless of focation, the branch operation will use tangible property (plant and equipment) worth $10.8 million and should generate annual gross receipts of $24 million. Jurisdiction F imposes an annual property tax of 4 percent of the value of business property and a 15 percent gross recelpts tax. Jurisdiction G imposes no property tax but imposes a 30 percent gross recelpts tax. Required: o. Compute the tax costs of operating in both jurlsdictions. b. Solely on the basis of these facts, should Nixon locate its new branch in Jurisdiction F or Jurisdiction G? Complete this question by entering your answers in the tabs below. Compute the tax costs of operating in both furlisdictions. Note: Enter your answers in dollars not in millons of dollars: The management of Nixon Company must decide between locating a new branch office in foreign Jurisdiction F or foreign Jurisdiction G. Regardless of location, the branch operation will use tangible property (plant and equipment) worth $10.8 million and should generate annual gross receipts of $2.4 million. Jurisdiction F imposes an annual property tax of 4 percent of the value of business property and a 15 percent gross receipts tax. Jurisdiction G imposes no property tax but imposes a 30 percent gross receipts tax Required: a. Compute the tax costs of operating in both jurisdictions. b. Solely on the basis of these facts, should Nixon locate its new branch in Jurisdiction F or Jurisdiction G? Complete this question by entering your answers in the tabs below. Solely on the basks of these facts, should Nixon locate its new branch in Jurisdiction F or Jurisdiction G