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 $8,550,000   Charitable contributions 2,052,000   Net capital gain 3,762,000   Dividends received deduction 1,539,000   What is the Parent group's net operating loss for the year that is available for carryforward?

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Fringe Benefit Tax

Fringe benefits are in addition to the compensation that companies give to their employees. It is an additional benefit above the stated salary. It helps to keep the employees of the firm motivated as sometimes the only salary is not enough to retain the quality employees of the firm. There are different types of fringe benefits. Fringe benefits are given in both private as well as public enterprises.