1. **State the problem:** Solve for $X$ in the equation $X \times 1.18 = 89654.56$. 2. **Formula and rule:** To isolate $X$, divide both sides of the equation by $1.18$. 3. **Intermediate step:** $$X = \frac{89654.56}{1.18}$$ 4. **Simplify the fraction:** $$X = \frac{\cancel{89654.56}}{\cancel{1.18}}$$ (showing division to isolate $X$) 5. **Calculate the value:** $$X = 75978.0$$ 6. **Answer:** The value of $X$ is $75978.0$. This means if you multiply $75978.0$ by $1.18$, you get $89654.56$.