Crane Company purchased 300 of the 1000 outstanding shares of Swifty Company's common stock for $670000 on January 2, 2021. During 2021, Swifty Company declared dividends of $115000 and reported earnings for the year of $430000. If Crane Company uses the equity method of accounting for its investment in Swifty Company, its Equity Investments (Swifty) account at December 31, 2021 should be

$635500.

$764500.

$799000.

$670000.