Parent and Child Corporations have filed on a consolidated basis since the mid-1970s. The group reports the following amounts for the current tax year.

What is the Parent group’s net operating loss for the year that is available for carryback and carryforward?

Operating loss, including the following ……………………  $2,500,000

Charitable contributions ……………………………………  600,000

Net capital gain …………………………………………….  1,100,000

Dividends received deduction  …………………………….   450,000