Tootie Corporation operates in states A and B, as indicated below. All goods are manufactured in State A. Both states follow the UDITPA and the MTC regulations in this regard. Sales shipped to State A locations $347,000 Sales shipped to State B locations 520,500 Interest income from Tootie's State B business checking accounts 6,940 Rent income from excess space in State A warehouse 52,050 Interest income from Treasury bills in Tootie's State B brokerage account, holding only idle cash from operations 69,400 One-time sale of display equipment to State B purchaser (tax basis $104,100) 86,750 Royalty received from holding patent, licensed to State B user 104,100 When computing Tootie's sales factor for the year, the sales to be assigned to State A is $ and to State B is $

Problem 16-35 (Algorithmic) (LO. 5) Tootie Corporation operates in states A and B, as indicated below. All goods are manufactured in State A. Both states follow the UDITPA and the MTC regulations in this regard. Sales shipped to State A locations Sales shipped to State B locations Interest income from Tootie's State B business checking accounts Rent income from excess space in State A warehouse Interest income from Treasury bills in Tootie's State B brokerage $347,000 520,500 6,940 52,050 account, holding only idle cash from operations 69,400 One-time sale of display equipment to State B purchaser (tax basis $104,100) 86,750 Royalty received from holding patent, licensed to State B user 104,100 tae and to State 8 When computing Tootie's sales factor for the year, the sales to be assigned to State A is Problem 16-35 (Algorithmic) (LO. 5) Tootie Corporation operates in states A and B, as indicated below. All goods are manufactured in State A. Both states follow the UDITPA and the MTC regulations in this regard. Sales shipped to State A locations Sales shipped to State B locations Interest income from Tootie's State B business checking accounts Rent income from excess space in State A warehouse Interest income from Treasury bills in Tootie's State B brokerage $347,000 520,500 6,940 52,050 account, holding only idle cash from operations 69,400 One-time sale of display equipment to State B purchaser (tax basis $104,100) 86,750 Royalty received from holding patent, licensed to State B user 104,100 tae and to State 8 When computing Tootie's sales factor for the year, the sales to be assigned to State A is