Eastcoast Corp. operates in seven states. Its income amounts to $1,700,000. New York state uses...

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Accounting

Eastcoast Corp. operates in seven states. Its income amounts to $1,700,000. New York state uses the standard UDIPTA three factor tax allocation formula. (NY Sales $4,000,000/ Total Sales $10,000,000) (NY Property $22,000,000/ Total Property $75,000,000) (NY Payroll $1,500,000/ Total Payroll $4,500,000). What is New York's UDITPA factor?

Select one:

a.

31%.

b.

36%.

c.

34%.

d.

40%.

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