Purple, Inc., a domestic corporation, owns 100% of Blue, Ltd., a foreign corporation and Yellow, Inc., a domestic corporation. Purple also owns 40% of Green, a domestic corporation. Purple receives no distributions from any of these corporations. Which of these entities' net income is included in Purple's GAAP income statement for current-year financial reporting purposes?
a. Purple, Blue, and Yellow.
b. Purple, Yellow, and Green.
c. Purple, Blue, Yellow, and Green.
d. Purple, Blue, and Green.
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