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Nash's Corporation acquired a 3 0 % interest in Swifty Company on January 1 , 2 0 2 5 , for $ 4 8 0

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Nash's Corporation acquired a 30% interest in Swifty Company on January 1,2025, for $480,000. At that time, Swifty had 1.000,000 shares of its $1 par common stock issued and outstanding. During 2025, Swifty paid cash dividends of $150,000 and thereafter, declared and issued a 5% common stock dividend when the fair value was $2 per share. Swifty's net income for 2025 was $350.000. What is the balance in Nash's's equity investment account at the end of 2025?
Balance in equity investment account $
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