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. ? X utilizes an equally weighted three-factor apportionment formula. How much of José's taxable income is apportioned to X?
A) $120,000
B) $450,000
C) $780,000
D) $900,000
Correct Answer:
Verified
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