Compute consolidated taxable income for the calendar year

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Compute consolidated taxable income for the calendar year Blue Group, which elected consolidated status immediately upon creation of the two member corporations in January 2012. All recognized income relates to the consulting services of the firms. No intercompany transactions were completed during the indicated years.

Year

Blue Corporation Orange Corporation
2012 $250,000 (70000.00)
2013 250,000 (30000.00)
2014 250,000 (240000.00)
2015 250,000 85000.00

Reference no: EM13575803

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