Exercise 8-25 (Algorithmic) (LO. 6) Clifton Corporation acquired all of the outstanding Gillion stock on January 1, Year 1, for $6,805,400. The parties immediately elected to file consolidated Federal income tax returns. Gillion reported a Year 1 taxable loss of $1,020,810, but it generated $1,361,080 of taxable income in Year 2 and $680,540 in Year 3. Gillion paid a $340,270 dividend to Clifton in Year 2 and a $10,208 in Year 3. Compute Clifton's stock basis in Gillion on the last day of each of the indicated tax years. Year 1: $ Year 2: $ Year 3: $