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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		$	1,700	$	475	$	385	$	660
Business income			58,200		34,250		17,800		17,300
Sales:	State X		76,000		19,000		17,900		15,400
	State Y				48,250		8,000
	State Z				26,800		35,750		10,100
	State A		19,500
	State B		16,800						19,500
Property:	State X		74,250		22,400				18,200
	State Y				87,750
	State Z						42,750		38,250
	State A		52,250
Payroll:	State X		16,600		12,600
	State Y				41,000
	State Z						6,000		10,700
	State A								18,500

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. b)Calculate the business income apportioned to State X.

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

d)Determine the tax liability for State X for the entire group.

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