Bing Co. (a CCPC) had an active business income of $770,000 and a taxable income of $745,000 in Year 2. Bing Co. is associated for tax purposes with Sing Co. (a CCPC). Sing Co. used $310,000 of the small business deduction limit in Year 2. No eligible dividends have been received or paid by Bing Co. since the company began operations. Bing's GRIP balance was $0 at the end of Year 1. What is Bing Co.'s GRIP balance at the end of Year 2?