Additional Problem 7 Following is a summary of the investments owned by Monty Corporation, as of January 1, 2017: Percentage of Monty's Intention Shares 6% 35% STG Corporation To be sold when prices increase Buy additional shares to achieve control of company Monty has members on Brach's Board of Directors. To be sold when prices increase Hold indefinitely. Another company owns the remaining 76% of shares Hold indefinitely Brach Ltd. Raptor Inc. CMP Ltd Diloph Ine 2% 24% 7% During 2017, the various companies paid dividends at various times throughout the year, as follows: Monty's Share of Dividends STG Corporation Brach Ltd Raptor Inc. $8,240 26,700 3,000 20,500 6,030 Diloph Inc (a1) For each of the investments, indicate which accounting model is most applicable, based on the information provided and assuming Monty follows IFRS Monty's Share of STG Corporation Brach Ltd. Raptor Inc CMP Ltd. Diloph Inc Calculate the amount of dividend income to be shown on Monty's income statement for 2017 assuming Monty has not designated any of its investments to be accounted using fair value through other comprehensive income. (Round answer to 0 decimal places e.g. 5,275.) Dividend income