During the current year, Bradford Company purchased some of the 90,000 shares of common stock, par $6, of Hall, Inc., as a long-term investment. The annual accounting period for each company ends December 31. The following transactions occurred during the current year:

Jan. 7 Purchased 40,500 shares of Hall stock at $32 per share.

Dec. 31:

1. Received the current year financial statements of Hall, which reported net income of $217,000.
2. Hall declared and paid a cash dividend of $1.60 per share.
3. Determined that the current market price of Hall stock was $43 per share.

Required:

Indicate how the Operating Activities and Investing Activities sections of the cash flow statement (indirect method) will be affected by each transaction. (Cash outflows should be indicated by a minus sign.)