2 Saved Corporation P owns 93 percent of the outstanding stock of Corporation T. This year, the corporation's records provide the following information: 10 points Ordinary operating incone (loss) Capital gain (loss) Section 1231 gain (loss) Required: Corporation P Corporation T $590,000 (9,200) (1,900) $ (245,000) 6,900 6,800 a. Compute each corporation's taxable income if each files a separate tax return. b. Compute consolidated taxable income if Corporation P and Corporation T file a consolidated tax return Complete this question by entering your answers in the tabs below. Required A Required Compute each corporation's taxable income if each files a seperate tax ret Note: feet locales) should be indicated by a minus Taxatie (NOL Copan P Corporation TV Separate He Help Save & Exit Check my