esignment problem Fourteen - 4 sociated Companies) (Alwing situations are independent of each other. All of the corporati controlled private corporations and have only one class of shares. lanice and Sarah Holt are sisters. Janice owns 100 percent of the shares of JH Inc. and 28 ercent of Holt Ltd. remaining 40 percent of the shares held by her father. Sarah also owns 41 percent of the shares of Holt Ltd. The remaining shares of Holt Ltd. are held by an unrelated party. Her sister Sarah owns 60 percent of the shares of SH Inc., with the Mr. Martin and Mr. Osbourne are not related. Mr. Martin and Mr. Osbourne each own 50 percent of the shares of Kannon Inc. Mr. Martin owns 60 percent of the shares of Press Ltd. Mr. Osbourne owns the remaining 40 percent of Press Ltd.'s shares. C. Mr. Jared, Mr. Kapok, and Mr. Lee are three unrelated individuals. . Mr. Jared owns 50 percent of the shares of Arbor Inc. and 25 percent of the shares of Broton Ltd. . Mr. Kapok owns 50 percent of the shares of Broton Ltd. . Mr. Lee owns 50 percent of the shares of Arbor Inc. and 25 percent of the shares of Broton Ltd. D. Ms. Phig owns 24 percent of Heron Inc., a company that owns 60 percent of also owns 65 percent of the shares of Nortex Inc. Nortex Inc. owns 30 percent of Land Ltd. E. Mr. Brady owns 55 percent of Solex Inc. Solex Inc. owns 40 percent of Bolex Ltd. Mr. Brady also owns 14 percent of HC Ltd., which in turn owns 54 percent of the shares of Bolex Ltd. Mr. Brady's 15 year old son owns 6 percent of the shares of Bolex Ltd