Required information [The following information applies to the questions displayed below.] Sharon Incorporated is headquartered in State X and owns 100 percent of Carol Corporation, Josey Corporation, and Janice Corporation, 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: Dividend income Business income Sales: State X Sales: State Y Sales: State Z Sharon Carol Josey Janice Incorporated Corporation Corporation Corporation State X State Y State Z State Z (throwback) (throwback) (nonthrowback) (nonthrowback) $ 595 $ 525 43,250 14,200 Domicile State $ 1,830 $ 530 46,500 19,500 78,500 18,500 14,300 16,100 52,500 6,850 20,200 39,750 14,500 Sales: State A 29,300 Sales: State B 16,900 18,400 Property: State X 69,500 21,600 12,200 Property: State Y 86,500 Property: State Z 40,500 20,750 Property: State A 65,750 Payroll: State X 14,500 17,900 Payroll: State Y 55,250 Payroll: State Z 6,200 Payroll: State A 15,400 19,400 Compute the following for State X assuming a tax rate of 15 percent. Note: 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. c. Calculate the taxable income for State X for each company. State X taxable Income Sharon Carol Josey Janice