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Utilize the "State Apportionment" resource to complete this part of the assignment. Provide tax preparation...

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Accounting

Utilize the "State Apportionment" resource to complete this part of the assignment. Provide tax preparation by computing XYZ's apportionment factors for all three states. For at least one of the states (not all three), prepare the apportionment form using the income tax return forms for the current tax year. For example, use Form 120 for Arizona, Form K-120 for Kansas, or Form 512 for Oklahoma. You are only required to complete the apportionment schedule, not the entire tax return. Assume XYZ generates $100,200,000 of total revenue.

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