Equity Investments and Minority Interests Corning has significant equity investments, and several of its consolidated subsidiaries have minority interests outstanding. Corning's consolidated income statement for 2002 shows (dollars in millions): Loss from continuing operations before minority interest and equity earnings Minority interests Equity in earnings of associated companies Loss from continuing operations ($1,994) 98 116 ($1,780) 1. Assuming each of the equity companies is 40% owned by Corning, estimate the 2002 earnings for these companies. 2. Assuming each of the minority interests is a 20% interest, estimate the 2002 earnings of these companies. 3. Corning prepares a cash flow statement using the indirect method. On it, the loss from continuing operations is adjusted by $25 million for equity in earnings of associated companies in excess of dividends received. Estimate dividends received from equity investees. 4. Corning's cash flow statement also adjusts for $98 million labeled "minority interests, net of div- idends paid." Estimate dividends paid to minority investors.