GreatBurger, Inc., an Americanfood company, acquires a controlling share $(12\%)$ of Asahikawa Ichiban, a Japanese food processing firm, for $$1$ million dollars. In what category will this transaction be recorded in the balance of payments statement for the United States?

GreatBurger's acquisition would qualify as a "direct investment" part of the financial account section, and it would be recorded as a credit of $+$$$1M.$

GreatBurger's acquisition would qualify as a "portfolio investment" part of the financial account section, and it would be recorded as a debit of $-$$$1M.$

GreatBurger's acquisition would qualify as a "direct investment" part of the financial account section, and it would be recorded as a debit of $-$$$1M.$

GreatBurger's acquisition would qualify as a "porftolio investment" part of the financial account section, and it would be recorded as a credit of $+$$$1M.$