Exercise 8-28 (Algorithmic) (LO. 9) Parent Corporation's current-year taxable income included $315,000 net income from operations and a $31,500 net long-term capital gain. Parent also made a $15,750 charitable contribution. SubCo generated $141,750 income from operations and incurred a $6,300 short-term capital loss. a. How much is Parent's separate taxable income? Parent's separate taxable income is $ b. How much is SubCo's separate taxable income? SubCo's separate taxable income is $ c. How much is consolidated taxable income? The consolidated taxable income is $