Sharon Inc. is headquartered in State X and owns 100 percent of Carol, Josey, and Janice Corps, 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		$	1,790	$	535	$	635	$	925
Business income		$	43,700	$	38,250	$	15,200	$	10,900
Sales:	State X	$	98,200	$	14,400	$	10,600	$	15,200
	State Y			$	54,250	$	9,100
	State Z			$	22,900	$	25,750	$	13,300
	State A	$	25,300
	State B	$	18,900					$	19,600
Property:	State X	$	60,250	$	27,300			$	16,400
	State Y			$	82,000
	State Z					$	49,750	$	29,500
	State A	$	67,750
Payroll:	State X	$	10,800	$	19,900
	State Y			$	57,750
	State Z					$	4,250	$	11,900
	State A							$	19,000

Compute the following for State X assuming a tax rate of 15 percent. (Use an equally weighted three-factor apportionment. Do not round intermediate calculations. Round apportionment factors to 4 decimal places. Round other answers to the nearest whole dollar amount. Leave no answer blank. Enter zero if applicable.)

b. Calculate the business income apportioned to State X.

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

State taxable income reported:	State X
Sharon
Carol
Josey
Janice

	State X
Business Income