Pledge Activity report isn't showing the correct amount for pledge payments when the pledge is a split gift

I don't think the Pledge Activity report amounts for pledge payments when the pledge is a split gift are correct. 
The balances are actually correct. The installments and payments are taking the distribution from the pledge.

For example:


1. Enter a Pledge on a record for $100,000 split between two funds evenly. Schedule 4 weekly installments of 25,000 each
2. Add a pledge payment to one of the funds for 50,000 (should pay off 2 installments)
3. Run pledge activity report for all funds. Report will look as follows:

Gift amount Fund Type Date Amount
50,000 2003 Membership INS xxx 12,500
PAY (12,500)
PAY (12,500)
INS 12,500
INS 12,500
INS 12,500
Balance: $0.00

50,000 2003 Annual INS 12,500
PAY (12,500)
PAY (12,500)
INS 12,500
INS 12,500
INS 12,500
Balance: $50,000

Environment

 Duplicated in version 7.61.780

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