The following selected account balances were taken from the financial statements of Pina Inc. concerning its long-term investment in shares of Grouper Inc. over which it has had significant influence since 2017:

		Dec. 31, 2020			Dec. 31, 2019
Investment in associate, Grouper Inc.		$507,400			$425,400
Investment income recorded for Grouper		18,000			11,400

At December 31, 2020, the following information is available:

1.		Pina purchased additional common shares in Grouper Inc. on January 2, 2020, for $72,000. As a result of this purchase, Pinas ownership interest in Grouper increased to 50%.
2.		Grouper reported income of $36,000 for the year ended December 31, 2020.
3.		Grouper declared and paid total dividends of $16,000 on its common shares for the year ended December 31, 2020.

Prepare a table that contrasts the direct and indirect methods for presenting all transactions related to the Pina Inc. investment on Pinas statement of cash flows based on the assumption that Grouper 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 e.g. (15,000). Do not leave any answer field blank. Enter 0 for amounts.)

		Direct		Indirect
Operating Activities
		$		$
Investing Activities