4 (20 points) Parent Co, SubOne and SubTwo are members of an affiliated group eligible to file a consolidated tax return. Their income statement information for the year is as follows: Parent SubOne SubTwo Income from 52,000 35,000 85,000 Operations Expenses (32,000) (40,000) (50,000) Capital Gain 9,500 15,000 Capital Loss (7,000) (1,500) 1231 Gain/Loss* 2,000 2,000 (7,000) Dividends 135,000 25,000 60,000 Received (from company owned 5%) Charitable 18,500 5,000 15,000 Contributions