Compute Still Corporation's State Q Taxable Income and Tax Liability

question 172

Essay

Compute Still Corporation's State Q taxable income and tax liability for the year. $$\begin{array} { l r } \text { Addition modifications } & \$ 70,000 \\\text { Allocated income - total } & \$ 80,000 \\\text { Allocated income - State Q } & \$ 60,000 \\\text { Allocated income - State P } & \$ 20,000 \\\text { Apportionment percentage - State Q } & 40 \% \\\text { Federal taxable income } & \$ 500,000 \\\text { State tax credits } & \$ 11,000 \\\text { Subtraction modifications } & \$ 30,000 \\\text { Tax rate } & 5 \%\end{array}$$

---

Definitions:

Birth of Psychology

The historical commencement of psychology as a distinct scientific discipline, marked by Wilhelm Wundt establishing the first experimental psychology lab in 1879.

1879 in Germany

Marks the year when Wilhelm Wundt founded the first laboratory dedicated to experimental psychology, marking the birth of psychology as a distinct scientific discipline.

Wilhelm Wundt

Often referred to as the father of modern psychology, he established the first psychology laboratory in Leipzig, Germany, in 1879.

Stimulus-Response Associations

The connection formed between a stimulus and a natural or learned reaction.