help please not sure how to proceed. Clarification would be greatly appreciated so that I can understand the material. Thank you

Exercise 8-24 (Algorithmic) (LO. 5) The Parent consolidated group reports the following results for the tax year. Entity Income or Loss $44,800 Parent Sub1 (4,480) Sub2 17,920 Sub3 8,960 Do not round any division in your computations. If required, round your answers to nearest whole dollar. If an amount is zero, enter "O" a. What is the group's consolidated taxable income and consolidated tax liability? If the relative taxable income method, the consolidated taxable income is $ 67,200 and the total consolidated tax liability is 67,200 b. If the Parent group has consented to the relative taxable income method, how will the consolidated tax liability be allocated among the Parent and Subsidiaries 1, 2, and 3? Entity Income or Loss Parent Sub1 0 Sub2 Sub3 Exercise 8-24 (Algorithmic) (LO. 5) The Parent consolidated group reports the following results for the tax year. Entity Income or Loss $44,800 Parent Sub1 (4,480) Sub2 17,920 Sub3 8,960 Do not round any division in your computations. If required, round your answers to nearest whole dollar. If an amount is zero, enter "O" a. What is the group's consolidated taxable income and consolidated tax liability? If the relative taxable income method, the consolidated taxable income is $ 67,200 and the total consolidated tax liability is 67,200 b. If the Parent group has consented to the relative taxable income method, how will the consolidated tax liability be allocated among the Parent and Subsidiaries 1, 2, and 3? Entity Income or Loss Parent Sub1 0 Sub2 Sub3