Herbert Corp. acquired Giant Inc. on January 1, 2020. The parent paid more than the fair value of the subsidiary's net assets. On the date of acquisition, Giant had equipment (ten-year life) with a book value of $300,000 and a fair value of $350,000. Herbert used the equity method to record its investment in Giant. On December 31, 2022, Herbert had equipment with a book value of $520,000 and a fair value of $600,000. Giant had equipment with a book value of $210,000 and a fair value of $320,000.

What is the consolidated balance for the Equipment account as of December 31, 2022?

A. 920,000

B. 824,000

C. 772,000

D. 765,000