6 Company A paid $175,000 in cash on January 1, X2 to acquire 7,500 ordinary shares of Company B (equivalent to 15% equity). The fair value of the identifiable net assets of Company B on that day was $1,000,000, and the fair value of each identifiable asset and liability was equal to the face value. Company B has a net profit of $300,000 in year X2, and declares and distributes a cash dividend of $200,000 on June 15, X2. The price per share of Company B's stock in X2 is $25. Company A uses the fair value method to deal with its investment in Company B. What was the balance of Company A's investment account on December 31, X2?