The Parent consolidated group reports the following results for the tax year Dollar amounts are listed in millions SubOne Parent $600 Ordinary income Capital gain loss S 1231 gain loss Separate taxable income $200 0 SubTwo $140 60 (50) $150 Consolidated $850 35 0 250 0 200 $850 $200 SubThree ($90) (25) 0 ($90) with a $25 capital loss carryover $1,085 Consolidated taxable income Consolidated tax liability Energy tax credit from SubOne Net tax due $228 (20) $208 Determine each member's share of the consolidated tax liability, assuming that the group members have adopted the relative tax lability tax sharing method Enter amounts in millions When required, round any division to four decimal places and round your final answer to the nearest million If an amount is zero, enter 0 Allocated Tax Due Parent million SubOne million SubTwo million SubThree million Total $208 million Check My Work 1 more Check My Work uses remaining

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The Parent consolidated group reports the following results for the tax year  Dollar amounts are listed in millions SubOne Parent $600 Ordinary income Capital gain loss S 1231 gain loss Separate taxable income $200 0 SubTwo $140 60 (50) $150 Consolidated $850 35 0 250 0 200 $850 $200 SubThree ($90) (25) 0 ($90) with a $25 capital loss carryover $1,085 Consolidated taxable income Consolidated tax liability Energy tax credit from SubOne Net tax due $228 (20) $208 Determine each member's share of the consolidated tax liability, assuming that the group members have adopted the relative tax lability tax sharing method  Enter amounts in millions  When required, round any division to four decimal places and round your final answer to the nearest million  If an amount is zero, enter  0   Allocated Tax Due Parent million SubOne million SubTwo million SubThree million Total $208 million Check My Work 1 more Check My Work uses remaining

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The Parent consolidated group reports the following results for the tax year. Dollar amounts are listed in millions SubOne Parent $600 Ordinary income Capital gain/loss

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