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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:

Domicile State		Sharon Inc. State X (throwback)		Carol Corp. State Y (throwback)		Josey Corp. State Z (nonthrowback)		Janice Corp. State Z (nonthrowback)
Dividend income		$	1,650	$	490	$	425	$	875
Business income			61,200		45,750		12,400		18,400
Sales:	State X		90,000		12,800		20,300		17,600
	State Y				55,000		6,050
	State Z				29,000		24,750		13,700
	State A		24,900
	State B		11,600						14,800
Property:	State X		62,500		26,700				15,900
	State Y				97,000
	State Z						32,250		21,500
	State A		62,500
Payroll:	State X		11,500		16,500
	State Y				42,500
	State Z						4,300		16,000
	State A								11,600

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.)

a. Calculate the State X apportionment factor for Sharon Inc., Carol Corp., Josey Corp., and Janice Corp.

	State X Apportionment factors
Sharon
Carol
Josey
Janice

b. Calculate the business income apportioned to State X.

	State X
Business Income

c. Calculate the taxable income for State X for each company.

	State X taxable income
Sharon
Carol
Josey
Janice

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

	State X
Tax liability