reconciliation of our investments in equity affiliates as presented on our consolidated balance sheets. Undistributed eamings from equity affiliates were $162 and $88 at December 31,2015 and 2014. a. At what amount is the equity investment in affiliates reported on AT\&T's balance sheet? million b. Did affiliates pay dividends in 2015? Cres, the receipl of dividends wuulu reduce the balance of the equity method investment atcount, whith is shown in the table. Co, the receipt of dividends would increase the balance of the equity method investment accaunt rather than reduce it as shown in the table. Wot enough information is provined to determine if the affiliates paid dividends in 2015. c. How much income did AT&T report in 2015 relating to this investment in affiliates? Use a negative siepn to indicate a net loss, it applicable. million d. Interpret the AT\&T statement that "undistributed earnings from equity atfiliates were $162 and $88 at Decernber 31,2015 and 2014." Qundistributed earnings are earnings that have heen paid out as dividends; this amount is retained earnings of the affiliates at year-end. Oundiscr buted earnings are earnings that have notyet been paid out as equicy income; this amount is included in AT\&Ts reta ined eamings at year end. CUndistribuled earnings dre earnings that have not yet been poid out. as dividends: this arnount is retained earnings of the affiliates at year-end. QUndistributed earnings are earnings that have not yet been paid out as dividends; this amount is included in AT\&T's AOCI at year-end