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Kurt Corporation Realized $600,000 Taxable Income from the Sales of Its

Question 44

Multiple Choice

Kurt Corporation realized $600,000 taxable income from the sales of its products in States X and Z.Kurt's activities establish nexus for income tax purposes in both states.Kurt's sales,payroll,and property among the states include the following.
Kurt Corporation realized $600,000 taxable income from the sales of its products in States X and Z.Kurt's activities establish nexus for income tax purposes in both states.Kurt's sales,payroll,and property among the states include the following.   Z utilizes an equally weighted three-factor apportionment formula.How much of Kurt's taxable income is apportioned to Z? A) $0. B) $133,320. C) $300,000. D) $600,000. E) $2,000,000.
Z utilizes an equally weighted three-factor apportionment formula.How much of Kurt's taxable income is apportioned to Z?


A) $0.
B) $133,320.
C) $300,000.
D) $600,000.
E) $2,000,000.

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