José Corporation realized $900,000 taxable income from the sales of its products in States X and Z.José's activities in both states establish nexus for income tax purposes.José's sales,payroll,and property among the states include the following. State X State Z Totals Sales $1,500,000 $1,000,000 $2,500,000 Property 500,000 -0- 500,000 Payroll 2,000,000 -0- 2,000,000 X utilizes an equally weighted three-factor apportionment formula.How much of José's taxable income is apportioned to X?

Question

José Corporation realized $900,000 taxable income from the sales of its products in States X and Z.José's activities in both states establish nexus for income tax purposes.José's sales,payroll,and property among the states include the following. State X State Z Totals Sales $1,500,000 $1,000,000 $2,500,000 Property 500,000 -0- 500,000 Payroll 2,000,000 -0- 2,000,000 ​ X utilizes an equally weighted three-factor apportionment formula.How much of José's taxable income is apportioned to X?

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The Answer of José Corporation realized $900,000 taxable income from the sales of its products in States X and Z.José's activities in both states establish nexus for income tax purposes.José's sales,payroll,and property among the states include the following. State X State Z Totals Sales $1,500,000 $1,000,000 $2,500,000 Property 500,000 -0- 500,000 Payroll 2,000,000 -0- 2,000,000 ​ X utilizes an equally weighted three-factor apportionment formula.How much of José's taxable income is apportioned to X?

José Corporation Realized $900,000 Taxable Income from the Sales of Its