The Trio affiliated group consists of Trio, a New Jersey corporation, and its three wholly owned subsidiaries. This year, the four corporations report the following:

	Net Income (Loss)
Trio	$ 422,000
Subsidiary 1	(185,000)
Subsidiary 2	394,000
Subsidiary 3	605,000

Required:

If Trio elects to file a U.S. consolidated return, compute consolidated taxable income assuming that:

1. Subsidiary 1 is a domestic corporation, and Subsidiaries 2 and 3 are foreign corporations.
2. Subsidiaries 2 and 3 are domestic corporations, and Subsidiary 1 is a foreign corporation.