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e and Local Taxes Assignment i Required information [The following information applies to the questions displayed below.] Sharon Inc. Is headquartered in State X and owns 100 percent of Carol Corp., Josey Corp., and Janice Corp., which single unitary group. Assume sales operations are within the solicitation bounds of Public Law 86272. Each of the corporations has operations in the following states: 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 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. Compute the following for State X assuming a tax rate of 15 percent. (Use an equally weighted thre apportionment. Round all apportionment factors to 4 decimal places. Round other answers to th 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. Answer is complete but not entirely correct. c. Calculate the taxable income for State X for each company. amount. Leave no answer blank. Enter zero if applicable.) d. Determine the tax liability for State X for the entire group. Answer is complete but not entirely correct. e and Local Taxes Assignment i Required information [The following information applies to the questions displayed below.] Sharon Inc. Is headquartered in State X and owns 100 percent of Carol Corp., Josey Corp., and Janice Corp., which single unitary group. Assume sales operations are within the solicitation bounds of Public Law 86272. Each of the corporations has operations in the following states: 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 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. Compute the following for State X assuming a tax rate of 15 percent. (Use an equally weighted thre apportionment. Round all apportionment factors to 4 decimal places. Round other answers to th 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. Answer is complete but not entirely correct. c. Calculate the taxable income for State X for each company. amount. Leave no answer blank. Enter zero if applicable.) d. Determine the tax liability for State X for the entire group. Answer is complete but not entirely correct