In January 2020, Domingo, Inc., acquired 20 percent of the outstanding common stock of Martes, Inc., for $739,000. This investment gave Domingo the ability to exercise significant influence over Martes, whose balance sheet on that date showed total assets of $4,043,000 with liabilities of $983,000. Any excess of cost over book value of the investment was attributed to a patent having a remaining useful life of 10 years. In 2020, Martes reported net income of $219,000. In 2021, Martes reported net income of $282,000. Dividends of $80,000 were declared in each of these two years. What is the equity method balance of Domingo's Investment in Martes, Inc., at December 31, 2021? Multiple Choice $807,200 $890,500. O O O $781,800. $877,800. O