Albany, Inc. does business in states C and D. State C apportions income using an equally-weighted three-factor formula; state D uses an apportionment formula that double-weights the sales factor. Albany's before tax income is $3,000,000, and its sales, payroll, and property factors are as follows. 
Calculate Albany's income taxable in each state.
A) State C, $1,100,000; State D, $1,800,000
B) State C, $1,100,000; State D, $1,900,000
C) State C, $1,200,000; State D, $1,800,000
D) State C, $1,300,000; State D, $1,700,000
Correct Answer:
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