ParentCo and SubCo Had the Following Items of Income and Deduction

ParentCo and SubCo had the following items of income and deduction for the current year: $\begin{array}{ccc} & \text { ParentCo's } & \text { SubCo's Taxable } \\\text { Item } & \text { Taxable Income } & \text { Income } \\\hline \text { Income (loss) from Operations }&\$170,000&\$45,000\\\S 1231 \text { Loss }&(45,000) &40,000\\\text { Charitable Contribution }&25,000&15,000\end{array}$ Compute ParentCo and SubCo's consolidated taxable income or loss.

A) $215,000
B) $210,000.
C) $189,000.
D) $170,000.
E) None of the above.