On 1/1/19, Major Company purchased 45% of Minor Company's common stock for $630,000. Minor's book value of equity at that date consisted of $200,000 common stock and $500,000 retained earnings.

On 1/1/19, any difference between the fair value of stock and book value of equity of Minor's stock is attributable to land undervalued on the books by $100,000, equipment overvalued on the books by $300,000, unrecorded customer database with a fair value of $600,000 and the remainder of the difference is attributable to goodwill.

The equipment has a 10- year remaining life at 1/1/19 and the customer databases estimated life on 1/1/19 is 6 years.

During 2019, Minor reported income of $150,000 and paid dividends of $50,000. The fair value of Majors investment in Minor stock on 12/31/19 is $750,000.

Assuming that Major is an important vendor to Minor and that its ownership percentage allows membership on Minor's board of directors, answer the following questions (use the $XXX,XXX) format. Round to the nearest dollar.

The total asset amount related to the Investment in Minor on Majors 12/31/2019 balance sheet is?

The Minor investment increased Major's net income in 2019?