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At the beginning of 2024 , specitically on January ist, Global Enterprises acquired a signiticamt stake in the compary Minuture Essentials by purchasing 25% of its avaltable voting shares. This acquisition wos madie with a cash peyment of $197.500. On the Acquistion date. the book value and the fair vatue of Mintature Essentiols wore both at $790000. Given the noture of this inverstment. the equiby method was considered the most suitoble accouring approoch. As the year came to a close, Miniature Essentials reported a not income of $75,000 on December 31, 2024. Additionally, during the year 2024 , Miniature tissentials distributed cash dividends totaling $21,500. Required: What is the balance on the Investment account that would be reported on Global Enterprises' financial statements as of Decernber 31 , 2024