Echo, Inc., purchased 10 percent of ProForm Corporation on January 1, 2017, for $345,000 and accounted for the investment using the fair-value method. Echo acquires an additional 15 percent of ProForm on January 1, 2018, for $580,000. The equity method of accounting is now appropriate for this investment. No intra-entity sales have occurred.

i. On financial statements for 2018, what amounts are included in Echos Investment in ProForm account? What amounts are included in Echos Equity in Income of ProForm account?