Assume a parent company acquired 80% of the outstanding voting common stock of a subsidiary on January 1, 2018. On the acquisition date, the identifiable net assets of the subsidiary had fair values that approximated their recorded book values except for a patent, which had a fair value of $215,000 and no recorded book value. On the date of acquisition, the patent had five years of remaining useful life and the parent company amortizes its intangible assets using straight line amortization. During the year ended December 31, 2019, the subsidiary recorded sales to the parent in the amount of $237,000. On these sales, the subsidiary recorded pre-consolidation gross profits equal to 22%. Approximately 50% of this merchandise remains in the parent's inventory at December 31, 2019.

Income Statement	Investor	Investee
Revenues	4,800,000	850,000
Income from investee	195,000	-
Expenses	3,180,000	450,000,000

Balance Sheet	Investor	Investee
Current assets	1,700,000	205,000
Equity investment	500,000	-
Noncurrent assets	7,910,000	690,000

Calculate the consolidated noncurrent assets for December 31, 2019. (Please round answer to the nearest dollar, i.e. 10,800.66 would be entered as 10,801)