Which of the following describes the effects of upstream transactions on Equity in Net Income and Noncontrolling Interest in Net Income, respectively?

Select one:

a. Remove all unconfirmed profit for Equity in Net Income; No effect for Noncontrolling Interest in Net Income

b. Remove all unconfirmed profit for Equity in Net Income; Remove noncontrolling interest's share of unconfirmed profit for Noncontrolling Interest in Net Income

c. Remove parent's share of unconfirmed profit for Equity in Net Income; No effect for Noncontrolling Interest in Net Income

d. Remove parent's share of unconfirmed profit for Equity in Net Income; Remove noncontrolling interest's share of unconfirmed profit for Noncontrolling Interest in Net Income