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Exercise 8-26 (Algorithmic) (LO. 8) Parent and Child corporations have filed on a consolidated basis since the mid-1990s. The group reports the following amounts
Exercise 8-26 (Algorithmic) (LO. 8) Parent and Child corporations have filed on a consolidated basis since the mid-1990s. The group reports the following amounts for the current tax year. Operating loss, including the following Charitable contributions Net capital gain Dividends received deduction $7,300,000 1,752,000 3,212,000 1,314,000 What is the Parent group's net operating loss for the year that is available for carryforward?
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