On January 1 of the current year, Yetman Company purchases \(40 \%\) of the common stock of Livnat Company for \(\$ 250,000\) cash. This \(40 \%\) ownership allows Yetman to exert significant influence over Livnat. During the year, Livnat reports \(\$ 80,000\) of net income and pays \(\$ 60,000\) in cash dividends. At year-end, what amount should appear in Yetman's balance sheet for its investment in Livnat?