Preparing a consolidated income statement$-$Equity method with noncontrolling interest, AAP and upstream and downstream intercompany inventory profits

bookkeeping. Each company reports the following income statement for the current year:

a$.$ Compute the Income $($loss$)$ from subsidiary of $$170,890$ reported by the parent company in its preconsolidation income statement.

Do not use negative signs with your answers below.

b$.$ Prepare the consolidated income statement for the current year.

Do not use negative signs with your answers below.