es described below is a VIE. In your answer, indicate which one of 7. Determine if the entiti the three conditions was used and how it was applied. a. Entity Z has total assets of $100,000 made up of 45% equity and 55% debt. The expected loss for the year is $40,000. Is Entity Z a VIE and why? (5pts) Entity Z has two equity holders. Equity holder 1 has 60% stock and 60% voting right. Equity holder 2 has 40% stock and 40% voting right. There is a put option that allows Equity holder 1 to sell his investment at its purchase price. Is Entity Z a VIE and why? (5pts) Entity Z has a building $100 financed with $90 debt and $10 equity. The building is leased to Company Y under operating lease. At the lease termination date, Company Y has an option to buy the building for a fixed price of $60. Is Entity Z a VIE and why? (5pts) b. c