Calculate the following:

1-business income apportioned to State X.

2-taxable income for State X for each company.

Determine the tax liability for State X for the entire group.

Sharon Inc. is headquartered in State X and owns 100 percent of Carol Corp., Josey Corp., and Janice Corp., which form a single unitary group. Assume sales operations are within the solicitation bounds of Public Law 86-272. Each of the corporations has operations in the following states: Part 2 of 4 Domicile State Dividend income Business income Sales: State X points Sharon Inc. Carol Corp. Josey Corp. Janice Corp. State X State Y State Z State z (throwback) (throwback) (nonthrowback) (nonthrowback) $ 1,000 $ 200 $ 300 $ 500 $50,000 $30,000 $10,000 $10,000 $70,000 $10,000 $10,000 $10,000 $40,000 $ 5,000 $20,000 $20,000 $10,000 $20,000 $10,000 $10,000 $50,000 $20,000 $10,000 $80,000 $25,000 $20,000 $50,000 $10,000 $10,000 $40,000 $ 3,000 $10,000 $10,000 Property: State z State A State B State X State Y State Z State A State X State Y State Z State A Skipped Payroll: Print Compute the following for State X assuming a tax rate of 15 percent. (Use an equally weighted three-factor apportionment. Round all apportionment factors to 4 decimal places. Round other answers to the nearest whole dollar amount. Leave no answer blank. Enter zero if applicable.)