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Hopper Corporation's Property Holdings in State E Are as Follows

question 26

Multiple Choice

Hopper Corporation's property holdings in State E are as follows: Item Property Factor
Valuation $M)
Manufacturing equipment 100
Land held for potential appreciation 25
Manufacturing equipment that is not currently needed and sits idle 15
Manufacturing equipment that is not currently needed and is leased
To another taxpayer 20
Compute the numerator of Hopper's E property factor.


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