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routman Corporation realized $12,500,000 of taxable income from the sales of its products in States...

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Accounting

routman Corporation realized $12,500,000 of taxable income from the sales of its products in States A and B. Troutman's activities in both states establish nexus for income tax purposes. Troutman's sales, payroll, and property in the states include the following: State A State B Total Sales $4,800,000 $2,200,000 $7,000,000 Property $6,000,000 $0 $6,000,000 Payroll $3,400,000 $0 $3,400,000 State B uses a double-weighted sales factor in its three-factor apportionment formula,

In your computations, round any division to four decimal places before converting to a percentage and use rounded amounts in subsequent computations. If required, round your final answer to the nearest dollar. How much of Troutman's taxable income is apportioned to State B?

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