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4. Carefully examine the scenario below and answer the question [15 marks] Taxable income. As a result of several mergers and acquisi- tions, stock in four companies has been distributed among the companies. Each row of the following table gives the percent- age of stock in the four companies that a particular company owns and the annual net income of each company (in mil- lions of dollars): Annual Net Percentage of Stock Owned in Company Income B Company C Million $ 8 A 3 7 3.2 81 B 11 13 2.6 9 C 72 8 3.8 6 D 2 14 4.4 72 So company A holds 71% of its own stock, 8% of the stock in company B, 3% of the stock in company C, etc. For the purpose of assessing a state tax on corporate income, the tax- able income of each company is defined to be its share of its own annual net income plus its share of the taxable income. of each of the other companies, as determined by the percent- ages in the table. What is the taxable income of each com- pany (to the nearest thousand dollars)?* A 71 12 11 D