What is the amount of the consolidated net operating loss, Financial Accounting

What is the amount of the consolidated net operating loss

Problem

ParentCo, SubOne, and SubTwo have filed consolidated returns since their inception. The members reported the following taxable incomes (losses) for the year:

ParentCo	$50,000
SubOne	(60,000)
SubTwo	(40,000)

No member reported a capital gain or loss or charitable contributions. What is the amount of the consolidated net operating loss?

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Financial Accounting: What is the amount of the consolidated net operating loss

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Financial Accounting: What is the amount of the consolidated net operating loss

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