5. Parsell Corporation disposed of a 20% interest in the outstanding common stock of its previously wholly owned subsidiary, Sorbell Company, on May 31, 2006, to an outside entity at a substantial gain. A result of this event is:

a. A decrease in consolidated goodwill of Parsell Corporation and subsidiary on May 31, 2006.

b. The elimination of the gain in the working paper for consolidated financial statements of Parsell Corporation and subsidiary for the year ended May 31, 2006.

c. An increase in minority interest in net income of subsidiary in the consolidated income statement of Parsell Corporation and subsidiary for the year ended May 31, 2006.

d. All of the foregoing.

e. None of the foregoing.