In January 1, 2011, Cullmon Company acquired an 80% interest in Toner Company for a purchase price that was $550,000 over the book value of Toners Stockholders Equity on the acquisition date. The Cullmon allocated the excess to the following [A] assets:

[A] Asset	Initial Fair Value	Useful Life (years)
Patent	300,000	10
Goodwill	250,000	Indefinite
	$550,000

Toner sells inventory to the Cullmon (upstream) which includes that inventory in products that it (Cullmon), ultimately, sells to customers outside of the controlled group. You have compiled the following data as of 2016 and 2017:

	2016	2017
Transfer price for inventory sale	$ 671,000	$ 733,000
Cost of goods sold	(615,000)	(653,000)
Gross profit	$ 56,000	$ 80,000
% inventory remaining	25%	35%
Gross profit deferred	$ 14,000	$ 28,000
EOY Receivable/Payable	$ 90,000	$ 100,000

The inventory not remaining at the end of the year has been sold outside of the controlled group.

Cullmon and the Toner report the following financial statements at December 31, 2017:

Income Statement
	Cullmon	Toner
Sales	$ 6,770,000	$ 2,518,500
Cost of goods sold	(4,739,000)	(1,511,100)
Gross Profit	2,031,000	1,007,400
Equity investment income	246,872
Operating expenses	(1,242,600)	(654,810)
Net income	$ 1,035,272	$ 352,590

Statement of Retained Earnings
	Cullmon	Toner
BOY Retained Earnings	$3,401,248	$1,301,225
Net income	1,035,272	352,590
Dividends	(199,210)	(35,259)
EOY Retained Earnings	$4,237,310	$1,618,556

Balance Sheet
	Cullmon	Toner
Assets:
Cash	$ 795,240	$ 696,785
Accounts receivable	866,560	584,292
Inventory	1,313,380	750,513
Equity Investment	1,846,665
PPE, net	6,317,764	1,388,533
	$11,139,609	$3,420,123
Liabilities and Stockholders Equity:
Current Liabilities	$ 972,849	$ 584,292
Long-term Liabilities	4,000,000	839,500
Common Stock	1,106,895	167,900
APIC	822,555	209,875
Retained Earnings	4,237,310	1,618,556
	$11,139,609	$3,420,123

Compute the end of year noncontrolling interest equity balance.