p corporation owns all the stock of s1 and s2 corporat/

Assume that the group elects to forego the carryback period for the Year 2 consolidated NOL.
a. Determine the amount of NOL available for S2 Year 3 separate tax return.
b. Assume the same facts as in Part a except S1 land sale to a third party for $91,000 occurred on January 1 of Year 3. Determine the amount of NOL available for S2 Year 3 separate tax return.