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

		Dec. 31, 2020			Dec. 31, 2019
Investment in associate, Swifty Inc.		$504,900			$427,200
Investment income recorded for Swifty		17,550			10,100

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

1.		Blue purchased additional common shares in Swifty Inc. on January 2, 2020, for $66,000. As a result of this purchase, Blues ownership interest in Swifty increased to 45%.
2.		Swifty reported income of $39,000 for the year ended December 31, 2020.
3.		Swifty declared and paid total dividends of $13,000 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 Blue Inc. investment on Blues statement of cash flows based on the assumption that Swifty 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 ta $ Investing Activities

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