Intercompany Transactions. P and S Corporations have filed consolidated tax returns for several years. In the current year $($Year $1),$ P began selling inventory items to S$.$ P and S use the first$-$in$,$ first$-$out $($FIFO$)$ inventory method. P$$s profits on its Year $1$ inventory sales to S are $$75,000.$ S$$s sales to third parties during Year $1$ include inventory items that P sells to S during Year $1$ for a $$40,000$ profit; S sells these inventory items to third parties for a $$25,000$ profit. S$$s inventory at the end of Year $1$ includes items that P sells to S for a $$35,000$ profit. S is deemed to sell these to third parties during Year $2$ due to its use of the FIFO method and realizes a $$22,000$ profit on their sale. P$$s profits on its Year $2$ inventory sales to S are $$240,000.$ S$$s sales to third parties during Year $2$ include items that P sells to S during Year $2$ for a $$160,000$ profit. S sells these inventory items to third parties for a $$105,000$ profit. S$$s inventory at the end of Year $2$ includes items that P sells to S for an $$80,000$ profit. The group$$s consolidated taxable income $($before taking into account any adjustments for profits on intercompany inventory sales$)$ is $$100,000$ in Year $1$ and $$367,000$ in Year $2.$ For simplicity, assume P and S have no other transactions in these two years. What is the group$$s consolidated taxable income for Years $1$ and $2?$