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 StateSharon Inc.

State X

(throwback)Carol Corp.

State Y

(throwback)Josey Corp.

State Z

(nonthrowback)Janice Corp.

State Z

(nonthrowback)Dividend income$1,000$200$300$500Business income$50,000$30,000$10,000$10,000Sales:State X$70,000$10,000$10,000$10,000State Y$40,000$5,000State Z$20,000$20,000$10,000State A$20,000State B$10,000$10,000Property:State X$50,000$20,000$10,000State Y$80,000State Z$25,000$20,000State A$50,000Payroll:State X$10,000$10,000State Y$40,000State Z$3,000$10,000State A$10,000

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.)

Comprehensive Problem 23-51 Part a

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