Poot Corporation purchased a 40% interest in Moss Inc. for $100. This investment gave Poot significant influence over Moss. During the year, Moss earned net income of $15 and paid dividends of $5. Assuming the purchase price was equal to 40% of Moss's net carrying amount when it was acquired, prepare Poot's journal entries related to this investment using the equity method. Poot applies IFRS.