Question: LO . 3 Chock, a U . S . corporation, purchases inventory for resale from distributors within the United States and resells this inventory at

LO.3 Chock, a U.S. corporation, purchases inventory for resale from distributors within the United States and resells this inventory at a $1,000,000 profit to customers outside the United States. Title to the goods passes outside the United States. What is the sourcing of Chocks inventory sales income?

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