P and S are domestic corporations. P owns 100% of S. P also owns 100% of F, a foreign corporation. P, S, and F are engaged in a unitary business. On a separate company basis, P has $300,000 of income, S has $100,000 of income, and F has $250,000 of income. No adjustments are required for intercompany transactions. P has nexus in State X, but S and F do not. State X uses a sales-only formula. Here are data regarding the sales of P, S, and F:   P S F Sales in State X $1,500,000 $0  $0 Sales everywhere $2,500,000 $1,500,000  $1,000,000 State X requires combined unitary reporting and allows a taxpayer member the option of computing taxable income using either a water’s-edge combination or a worldwide combination. How much higher is P’s taxable income if the income and factors of F are included in the combined unitary report?

USP is a domestic corporation. In 20Y3, USP reports $500,000 of taxable income on its Form 1120. USP paid $38,000 of foreign taxes on income earned through a foreign branch. How much higher will USP’s foreign tax credit be if the portion of its $500,000 of taxable income that is classified as foreign source for US tax purposes is $200,000 rather than $150,000?

Which option below was NOT an advantage enjoyed by the Union army over the Confederate army in the Civil War

Who was most responsible for brokering the Missouri Compromise in 1820?

Which of these Southern states remained loyal to the Union during the Civil War?

In which slave state below were slaves NOT freed by the Emancipation proclamation of 1863?

During the Constitutional Convention of 1787, James Maddison proposed this plan, including a two-house legislature in which population would determine the number of representatives from each state.

Who was the President most affiliated with the “Era of Good Feelings”?

Which option below was not a part of Hamilton’s fiscal plan?

Which option below can NOT be considered an abolitionist?