choices are

A) 1,368,000

B) 1,388,000

C) 1,502,000

D) 1,974,000

Saved Required information (The following information applies to the questions displayed below.) The separate condensed balance sheets of Patrick Corporation and its wholly-owned subsidiary, Sean Corporation, are as follows: Sean $ 72,000 24,000 50,000 268,000 BALANCE SHEETS December 31, 2020 Patrick Cash $ 72,000 Accounts receivable (net) 130,000 Inventories 80,000 Plant and equipment (net) 634,000 Investment in Sean 472,000 Total assets $1,388,000 Accounts payable 160,000 Long-term debt 100,000 Common stock ($10 par) 340,000 Additional paid-in capital Retained earnings 788,888 Total liabilities and $1,388,000 shareholders' equity $ 414,000 90,000 24,000 62,000 10,000 228,000 $ 414,800 Additional Information: On December 31, 2020, Patrick acquired 100 percent of Sean's voting stock in exchange for $472,000. At the acquisition date, the fair values of Sean's assets and liabililles equaled their carrying amounts, respectively, except that the fair value of certain items in Sean's inventory were $18,000 more than their carrying amounts. In the December 31, 2020, consolidated balance sheet of Patrick and its subsidiary, what amount of total assets should be reported