On January $1,2022,$ Joyce Inc. paid $$600,000$ to purchase $25\%$ of Mark Inc's outstanding voting shares. Joyce has significant influence over Mark. Mark's earnings for $2022$ and $2023$ were $$100,000$ and $$200,000$ respectively. Mark paid dividends in the amount of $$20,000$ and $$10,000$ during $2022$ and $2023,$ respectively.

Required:

Calculate the balance in Joyce's Investment account as at December $31,2023.$