10. Solis acts as a sponsor in creating a special purpose entity (SPE) that will purchase Accounts Receivable from Solis. The SPE reports Assets (Accounts Receivable) of $10,000,000, Liabilities of $9,500,000 and Stockholders Equity of $500,000. The $500,000 of stockholders' equity comes from outside shareholders (not related to Solis). Which of the following can we say with certainty is true. a. The SPE is not a VIE (variable interest entity) b. The SPE is a VIE. c. Solis is the primary beneficiary and must consolidate the SPE d. Solis is not the primary beneficiary and does not consolidate the SPE e. None of the above is true