On 1/1/2020, SF acquired 25% of the outstanding common stock of LA, by purchasing 5,000 shares of the outstanding common stock of LA at a cost of $100,000. SF paid cash for the investment in LA on 1/1/2020. LA had a total of 20,000 shares of outstanding common stock. The total fair value of the 20,000 shares of LA's common stock on 1/1/2020, was $400,000. The total fair value of the 20,000 shares of LA's common stock on 12/31/2020 is $600,000. Both companies fiscal years end on 12/31. The following data pertains to LA during 2020.

Per share dividend declared and paid between 1/1/2020 and 12/31/2020: $2.00

Net income for 2020: 200,000

What is the balance (or value) of investment in LA in SFs balance sheet as of 12/31/2020? Also, prepare all journal entries for SF in relation to the transactions of its investment in LA during 2020.