At the beginning of the year,Eagle coro purchased $10,000$ of the $200,000$ shares of common stock of bobcat inc. at $$40$ per share as a long term investment. The records of bobcat inc showed the folloeing by the end of the year: net incone $=$ $$500,000$ ; duvidends paid $=$$$200,000$ ; market price per share $=$ $$38$

What amount should eagle corp report in its year$-$end balance sheet for its investment in Bobcat inc?