rent Corporation's current-year taxable income included $250,000 net income from operations and a $25,000 net long-term apital gain. Parent also made a $12,500 charitable contribution. SubCo generated $112,500 income from operations and incurred a 5,000 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 5 c. How much is consolidated taxable income? The consolidated taxable income is 1