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4)W, Inc. holds 100% of the common stock of C Co, an investment acquired for $680,000. Immediately following the combination, W net assets have a

4)W, Inc. holds 100% of the common stock of C Co, an investment acquired for $680,000. Immediately following the combination, W net assets have a book value of $1,150,000 and a fair value of $1,390,000. The book value and the fair value of C net assets on the date of combination are $400,000 and $550,000, respectively. Immediately following the combination,a consolidated balance sheet is prepared

Based on the information given above,at what amount will W co investment be reported in the consolidated balance sheet?

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