Presented below are selected ledger accounts of coronado corporation as of december 31, 2020. cash $51000 administrative expenses 102000 selling expenses 81600 net sales 550800 cost of goods sold 214200 cash dividends declared (2020) 20400 cash dividends paid (2020) 15300 discontinued operations (loss before income taxes) 40800 depreciation expense, not recorded in 2019 30600 retained earnings, december 31, 2019 91800 effective tax rate 20%compute net income for 2020.

The stock of grommet corporation, a u.s. company, is publicly traded, with no single shareholder owning more than 5 percent of its outstanding stock. grommet owns 95 percent of the outstanding stock of staple inc., also a u.s. company. staple owns 100 percent of the outstanding stock of clip corporation, a canadian company. grommet and clip each own 50 percent of the outstanding stock of fastener inc., a u.s. company. grommet and staple each own 50 percent of the outstanding stock of binder corporation, a u.s. company. which of these corporations form an affiliated group eligible to file a consolidated tax return?