Elimination of intercompany profits for variable interest entities (VIEs) and voting interest entities statements assuming that the Reporting Company applies the equity method: a. Show how the Equity method income (loss) from VIE is computed. Note: Use a negative sign with answer only to indicate equity method loss from VIE. b. Compute the amount of consolidated net income A c. Compute the amount of consolidated net income attributable ta the noncontroling interest q d. Compute the amount of consolidated net income attributable to the contralling interest $ e. How would your answers to items (b) thrasgh (d) change if the Legal Entity is a "vating interest entity?" Elimination of intercompany profits for variable interest entities (VIEs) and voting interest entities statements assuming that the Reporting Company applies the equity method: a. Show how the Equity method income (loss) from VIE is computed. Note: Use a negative sign with answer only to indicate equity method loss from VIE. b. Compute the amount of consolidated net income A c. Compute the amount of consolidated net income attributable ta the noncontroling interest q d. Compute the amount of consolidated net income attributable to the contralling interest $ e. How would your answers to items (b) thrasgh (d) change if the Legal Entity is a "vating interest entity