The following selected account balances were taken from the financial statements of Concord Inc, concerning its long-term investment in shares of Bramble Inc. over which it has had significant influence since 2017: Dec 31, 2020 $508.200 21,500 Dec 31, 2019 $422.200 Investment in associate, Bramble Inc. Investment income recorded for Bramble 10,700 At December 31, 2020, the following information is available: 1. Concord purchased additional common shares in Bramble Inc. on January 2, 2020, for $73,000. As a result of this purchase. Concord's ownership interest in Bramble increased to 50% Bramble reported income of $43,000 for the year ended December 31, 2020. Bramble declared and paid total dividends of $17,000 on its common shares for the year ended December 31, 2020, 2. 3 Determine the balance of the Investment in Bramble Inc. account at December 31, 2020, assuming Concord Inc. uses the equity method for this investment. Balance Dec 31, 2020 $ Prepare a table that contrasts the direct and indirect methods for presenting all transactions related to the Concord Inc. investment on Concord's statement of cash flows based on the assumption that Bramble uses IFRS and adopts the policy of classifying dividends received as investing activities. Be specific about the classification in the statement for each item that is reported. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis eg. (15,000). Do not leave any answer field blank. Enter for amounts.) Direct Indirect Operating Activities Investing Activities Prepare a table that contrasts the direct and indirect methods for presenting all transactions related to the Bramble Inc. investment on Concord's statement of cash flows based on the assumption that Bramble uses ASPE and must therefore classify dividends received as operating cash flows. (Show amounts that decrease cash flow with either a-sign eg.-15,000 or in parenthesis eg (15,000). Do not leave any answer field blank, Enter for amounts) Direct Indirect Operating Activities $ $ Investing Activities $ in