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The Parent consolidated group reports the following results for the 2021 tax year. Entity Parent Income or Loss $39,500 Subl (3.960) Sub2 Sub3 15.840
The Parent consolidated group reports the following results for the 2021 tax year. Entity Parent Income or Loss $39,500 Subl (3.960) Sub2 Sub3 15.840 7,920 Do not round any division in your computations. If required, round your answers to nearest whole dollar. If an amount is zero, enter "0" a. What is the group's consolidated taxable income and consolidated tax Bability If the relative taxable income method, the consolidated taxable income is s 12,474 59,400 and the total consolidated tax liability is b. If the Parent group has consented to the relative taxable income method, how will the consolidated tax liability be allocated among the Parent and Subsidiaries 1, 2, and 3? Entity Parent Subt Sub2 Sub3 Income or Loss 5,696 x incorrect 0 0x
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