A Inc. uses the equity method of reporting its 40% investment in B. The balance in the Investment in B was $70,750 at January 1, 2015. During the next three years, B reported the following net earnings (losses) and dividends paid

	Net earnings (loss) $	Dividends paid $
2015	155,600	140,000
2016	35,700	140,000
2017	(123,400)	0

Required:

Calculate the balance of the Investment in B's account at December 31, 2017.