Herve, Inc. purchased 79,000 shares of Herstal, Inc.'s common stock in January of 2022 for $395,000. In December, Herstal, Inc. announced a $393,000 net income for 2022 and declared and paid a $212,000 dividend on its 263,000 shares of outstanding common stock. What will Herve, Inc. report on its 2022 balance sheet for its investment in Herstal, Inc.?

Group of answer choices $449,369 $513,049 $395,000 $576,730