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Lefty Provides Demolition Services in Several Southern States Lefty Is a Mississippi Corporation

Question 90

Multiple Choice

Lefty provides demolition services in several southern states. Lefty has property as follows:  Property  State  Beginning  Ending  Alabama $123,032$204,235 Kentucky $203,311$185,102 Mississippi $881,921$1,002,384 Louisiana $243,945$350,304 Tennessee $143,198$143,198 Total $1,595,407$1,885,223\begin{array} { l r r r } & { \text { Property } } \\\text { State } & { \text { Beginning } } & { \text { Ending } } \\\hline\text { Alabama } & \$ 123,032 & \$ 204,235 \\\text { Kentucky } & \$ 203,311 & \$ 185,102 \\\text { Mississippi } & \$ 881,921 & \$ 1,002,384 \\\text { Louisiana } & \$ 243,945 & \$ 350,304 \\\text { Tennessee } & \underline{\$ 143,198} & \underline{\$ 143,198} \\\text { Total } & \$ 1,595,407 & \$ 1,885,223\end{array} Lefty is a Mississippi Corporation. Lefty also rents property in Mississippi and Tennessee with annual rents of $50,000 and $15,000, respectively. What is Lefty's Mississippi property numerator?


A) $942,153
B) $1,002,384
C) $1,052,384
D) $1,342,153

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