Agee Corporation acquired a 35% interest in Trent Company on January 1, 2018 for $750,000. At that time, Trent had 1,000,000 $1 par common shares issued and outstanding. During 2018, Trent paid cash dividends of $240,000 and subsequently declared and issued a 5% common stock dividend when the fair value was $2 per share. Trent's net income for 2018 was $540,000. 

Required:

What is the balance in Agee's capital investment account at the end of 2018?