Which of the following statements is true concerning the sourcing of Income from Inventory purchased by the taxpayer outside of the United States and sold in the United States? The taxpayer may use the 50-50 method to source one-half (1/2) the Income based on title passage and one-half (1/2) the Income based on location of production (manufacturing) assets. Because the Inventory is purchased outside the United States, all of the Inventory Income is Foreign source. The taxpayer may use the 50-50 method to source one-half (1/2) the Income based on title passage and one-half (1/2) the Income based on where the sale negotiation takes place. If title passes on the Inventory in the United States, all of the Inventory Income is United States source 
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