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WEK Incis a New York Corporation with Manufacturing Operations in the the United

Question 70

Multiple Choice

WEK Inc.is a New York corporation with manufacturing operations in the United States and in 12 foreign countries.This year,its taxable income from domestic manufacturing was $1,239,000,and its taxable income from foreign manufacturing was $1,773,000.WEK had no other sources of taxable income.WEK paid $487,000 compensation to its U.S.workers and $599,200 compensation to its foreign workers.Compute WEK's taxable income.


A) $3,012,000
B) $2,852,430
C) $2,900,490
D) $1,127,490

Correct Answer:

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