Following is a summary of the investments owned by Kingbird Corporation, as of January 1, 2020: Percentage of Outstanding Investment Shares Kingbird's Intention STG Corporation 6% To be sold when prices increase Brach Ltd. 33% Buy additional shares to achieve control of company. Kingbird has members on Brach's Board of Directors. Raptor Inc. To be sold when prices increase CMP Ltd. Hold indefinitely. Another company owns the remaining 77% of shares Diloph Inc 9% Hold indefinitely 2% 23% During 2020, the various companies paid dividends at various times throughout the year, as follows: Investment STG Corporation Brach Ltd. Raptor Inc. CMP Ltd. Diloph Inc Kingbird's Share of Dividends $7,900 22,600 2,780 21,800 6,970 For each of the investments, indicate which accounting model is most applicable, based on the information provided and assuming Kingbird follows IFRS. Investment Accounting Model STG Corporation Brach Ltd. Amortized cost Cost Equity method FV-NI FV-Nl or FV-OCI FV-OCI Raptor Inc. CMP Ltd. Diloph Inc Calculate the amount of dividend income to be shown on Kingbird's income statement for 2020. Dividend income $