Following is a summary of the investments owned by Martinez Corporation, as of January 1, 2017: Percentage of Outstanding Martinez's Intention Investment STG Corporation Brach Ltd. Shares 5% 34% To be sold when prices increase Buy additional shares to achieve control of company. Martinez has members on Brach's Board of Directors. To be sold when prices increase Hold indefinitely. Another company owns the remaining 78% of shares Hold indefinitely Raptor Inc. CMP Ltd. Diloph Inc. 3% 22% 6% During 2017, the various companies paid dividends at various times throughout the year, as follows: Martinez's Share of Dividends Investment STG Corporation Brach Ltd. Raptor Inc. CMP Ltd. Diloph Inc. $8,790 25,900 2,730 21,300 7,570 (a1) Your answer is correct For each of the investments, indicate which accounting model is most applicable, based on the information provided and assuming Martinez follows IFRS Martinez's Share of Dividends Investment STG Corporation Brach Ltd. Raptor Inc. CMP Ltd. Diloph Inc. NI NI NI or FV NI or FV