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Unformatted text preview: Lowell incurred the following personnel costs: State D State E total Wages and salaries - other than officers 350,000 250,000 600,000 Salaries for officers 150,000 100,000 250,000 Contributions to 401(k) plans 30,000 20,000 50,000 530,000 370,000 900,000 Required : Compute the payroll factor that Lowell would use in their apportionment formula for each state....
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This note was uploaded on 09/09/2011 for the course TAX 6845 taught by Professor Kelliher,c during the Fall '08 term at University of Central Florida.
- Fall '08