Please just answer Required B

Corporation P owns 93 percent of the outstanding stock of Corporation T. This year, the corporation's records provide the following information: Ordinary operating income (loss) Capital gain (loss) Section 1231 gain (loss) Corporation P $620,000 (9,500) (1,150) Corporation T $(260,000) 7,200 6,200 Required: a. Compute each corporation's taxable income if each files a separate tax return. b. Compute consolidated taxable income if Corporation P and Corporation T file a consolidated tax return. Complete this question by entering your answers in the tabs below. Required A Required B Compute consolidated taxable income if Corporation P and Corporation T file a consolidated tax return. Taxable income