Required information [The following information applies to the questions displayed below.] Delicious Dave's Maple Syrup,...
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Required information [The following information applies to the questions displayed below.] Delicious Dave's Maple Syrup, a Vermont corporation, has property in the following states: State Maine Massachusetts New Hampshire Vermont Property Beginning Ending $ 979,746 $1,052,867 $ 143,813 $ 259,053 $ 426,867 $ 326,967 $ 930,532 $ 964,776 $2,480,958 $2,603,663 Total What are the property apportionment factors for Maine, Massachusetts, New Hampshire, and Vermont in each of the following alternative scenarios? (Round intermediate calculations and final answers to 2 decimal places.) a. Delicious Dave's has income tax nexus in each of the states. Property Apportionment Factors Maine Massachusetts New Hampshire Vermont % % % % b. Delicious Dave's has income tax nexus in each of the states, but the Maine total includes $470,000 of investment property that Delicious rents out (unrelated to its business). Property Apportionment Factors Maine Massachusetts New Hampshire Vermont % % % c. Delicious Dave's has income tax nexus in each of the states, but it also pays $57,000 to rent property in Massachusetts. Property Apportionment Factors % % Maine Massachusetts New Hampshire Vermont
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