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Parent Corporation's current-year taxable income included $377,400 net income from operations and a $37,740 net long-term capital gain. Parent also made a $18,870 charitable contribution.

Parent Corporation's current-year taxable income included $377,400 net income from operations and a $37,740 net long-term capital gain. Parent also made a $18,870 charitable contribution. SubCo generated $169,830 income from operations and incurred a $7,548 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 $.

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