Two companies each incur interest expense of $16,000 and pay dividends of $30,000. In addition, the companies

Question:

Two companies each incur interest expense of $16,000 and pay dividends of $30,000. In addition, the companies receive interest and dividends from investments of $8,000 and $12,000, respectively. How would the statements of cash flows differ if one company uses IFRS and the other uses U.S. GAAP?