Franklin the ability to apply significant influence to Johnson's operating and financing policies. Johnson reports assets on that date of $$1,589,000$ with liabilities of $$592,000.$ One building with a $7-$year remaining life is undervalued on Johnson's books by $$234,500.$ Also, Johnson's book value for its trademark $(10-$year remaining life$)$ is undervalued by $$252,500.$ During the year, Johnson reports net income of $$172,000$ while declaring dividends of $$110,000.$ What is the Investment in Johnson Company balance $($equity method$)$ in Franklin's financial records as of December $31?$

A$-$ $$618,400$

B $-$ $$608,300$

C $-$ $$663,700$

D $-$ $$594,900$

$****$C IS INCORRECT$****$