On January 1, 2018, Beilich Enterprises bought 20% of the outstanding common stock of Wolfe Construction Company for $600 million cash. Wolfe's net income for the year ended December 31, 2018, was $300 million. During 2018, Wolfe declared and paid cash dividends of $60 million. Beilich recorded the investment as follows:

Required:
What would be the pretax amounts related to the investment that Beilich would report in its statement of cash flows for the year ended December 31, 2018?

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Purchase Investment in Wolfe Construction shares (S in millions) 600 600 Net income Investment in Wolfe Construction shares (20% x $300 million)............................- 60 60 Dividends Cash (20% x $60 million) 12 12