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		$	1,340	$	440	$	530	$	555
Business income			54,500		30,500		14,500		15,600
Sales:	State X		78,200		16,600		15,400		13,600
	State Y				61,250		5,900
	State Z				28,100		34,750		16,300
	State A		23,300
	State B		19,000						12,700
Property:	State X		63,000		25,700				14,700
	State Y				84,750
	State Z						33,250		31,250
	State A		67,000
Payroll:	State X		12,000		14,000
	State Y				60,250
	State Z						3,350		18,600
	State A								18,100

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.

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.