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Parent Corporation's current-year taxable income included $237,000 net income from operations and a $23,700 net long-term capital gain. Parent also made a $11,850 charitable contribution.

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Parent Corporation's current-year taxable income included $237,000 net income from operations and a $23,700 net long-term capital gain. Parent also made a $11,850 charitable contribution. SubCo generated $106,650 income from operations and incurred a $4,740 short-term capital loss. a. How much is Parent's separate taxable income? Parent's separate taxable income is 1 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 \&

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