Tom Tiger owns Wave Runners Rafting Incorporated (Wave), an Idaho c-corporation. Wave offers guided rafting adventures in Idaho, Washington, Wyoming, and West Virginia. It also includes retail stores in Idaho and Wyoming that sells related equipment. It has an Internet-based retail store based in Wyoming. Waves retail stores only sell locally (they never ship merchandise), but the salesclerks often refer customers to the Internet store. Most employees are seasonal. During the off season, a few guides make sales visits with Tom and operate the retail stores. Also, during the off-season, Tom attends an annual 12-day raft show in Phoenix, AZ and travels the country promoting Waves river adventures. Waves Form 1120 shows $53,289 in federal taxable income. Wave must calculate its state and local tax liabilities. Because Wave operates a multistate business, it must identify the states in which it must withhold sales tax, determine the states in which is must file tax returns, reflecting its taxable income for each state. Wave In-State Activities Sale of Sale of Commercial State Goods Services Employees Property Domicile Arizona California Colorado Idaho West Virginia Washington Wyoming Wave Sales State Goods Services Total Transactions Arizona $89,242 $ - $89,242 215 California 132,045 - 132,045 489 Colorado 75,002 - 75,002 163 Idaho 167,921 625,003 792,924 1,043 West Virginia 45,331 357,061 402,392 753 Washington 41,982 377,441 419,423 812 Wyoming 185,249 437,755 623,004 941 Totals $ 736,772 $ 1,797,260 $ 2,534,032 4,416 a. Given the following information, what is Waves state tax base for Idaho and West Virginia (assuming nexus is satisfied)? Assume the state adjustments are those outlined in the PowerPoint. Item Amount Federal Treatment Idaho income tax 27,744 West Virginia income tax 18,152 Washington gross receipts tax 6,201 Idaho bond interest income 5,000 Federal T-note interest income 1,500