Question: Exercise 8-26 (Algorithmic) (LO. 8) Parent and Child corporations have filed on a consolidated basis since the mid-1990s. The group reports the following amounts

Exercise 8-26 (Algorithmic) (LO. 8) Parent and Child corporations have filed on

Exercise 8-26 (Algorithmic) (LO. 8) Parent and Child corporations have filed on a consolidated basis since the mid-1990s. The group reports the following amounts for the current tax year. Operating loss, including the following Charitable contributions Net capital gain Dividends received deduction $4,300,000 1,032,000 1,892,000 774,000 What is the Parent group's net operating loss for the year that is available for carryforward?

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