Lydell Corporation currently operates in two states, P and Q State P has a percent tax rate and uses an equally weighted threefactor apportionment formula. State Q has a percent tax rate and uses an apportionment formula that doubleweights the sales factor. For the current year, Lydells state taxable income before apportionment was $ Following is information regarding Lydells current activity within each state: State PState QTotalSales$ $ $ PayrollAverage propertyLydell is considering expanding its operations by constructing a new production facility. The facility would increase Lydells total property and payroll by $ million and $ respectively. The company projects that, as a result of the new facility, total sales would increase by $ of which half of these new sales would be to customers in State P and half would be to customers in State Q Total net income would increase by $Required:Using the above information, calculate total state income tax if the new facility is located in State P then calculate total state income tax if the new facility is located in State Q
