At the beginning of the year SassyCat acquired 30% of the outstanding common stock of Lazy Mouse for $1,500,000. The book value of the net assets of Lazy Mouse at the time of the acquisition was $4,000,000. Any excess cost over the underlying book value was assigned to a patent that was undervalued on Lazy Mouse's balance sheet. The patent has a remaining useful life of 5 years. For the year, LazyMouse reported net income of $300,000 and paid cash dividends of $90,000 Question 1 3 pts At the end of the year the balance of the LazyMouse investment on the books of SassyCat should be ? (enter whole dollars without dollar signs)