b. Calculate and organize the profits and losses on intercompany transactions and balances. f. Independently calculate consolidated net income, controlling interest net income and noncontrolling interest net income. - Round answers to the nearest whole number. - Use negative signs with answers that reduce net income. g. Complete the consolidating entries according to the C-E-A-D-I sequence. c. Compute the pre-consolidation Equity Investment account beginning and ending balances starting with the stockholders' equity of the subsidiary. Round answers to the nearest whole number. d. Reconstruct the activity in the parent's pre-consolidation Equity Investment T-account for the year of consolidation. Round answers to the nearest whole number 80% of the Goodwill is allocated to the parent. The parent and the subsidiary report the following financial statements at December 31, 2013