Corporation P owns 93 percent of the outstanding stock of Corporation T. This year, the corporation's records provide the following information. 5 Corporation P $590,000 Corporation (245,000 6,900 6,800 ordinary operating income loss) Capital gain (loss) Section 1231 gain (loss) points (9,200) (1,900) eBook 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 B Required A Compute each corporation's taxable income if each files a separate tax return. (Net loss(es) should be indicated by a minus sign.) Corporation P's Separate Return Corporation T's Separate Return Taxable income (NOL) Required B Required A