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

question 40

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.

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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