Tri-State's,Inc.operates in Arkansas,Oklahoma,and Kansas.Assume that each state has adopted the UDITPA formula.During the corporation's tax year ended December 31,the apportionment data indicated:
Tri-State's income for the current year is $250,000.Approximately how much income will be taxed by Oklahoma?
A) $250,000
B) $218,125
C) $44,375
D) $173,750
Correct Answer:
Verified
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