On January $1,2023,$ James Corp. paid $$300,000$ for $25\%$ of the voting common stock of Tiger Co$.$ On that date, the book value of Tiger was $$800,000.$ A building with a carrying value of $$200,000$ was actually worth $$230,000.$ The building had a remaining life of twenty years. Tiger owned a trademark valued at $$8,000$ over cost that was to be amortized over $10$ years.

Tiger reported a net income of $$50,000$ and other comprehensive loss of $$3,000$ during $2023.$ Tiger paid dividends totaling $$5,000$ in $2023.$

Required:

Prepare James's journal entries for $2023$ about Tiger Co$.$ Assume the equity method is appropriate for use.

$\backslash$table$[[,$Accounts,Debit,Credit$],[\frac{1}{1}\frac{?}{23},$Inv. In Tiger Co$.,300,000,],[,$Cash,,$300,000],[,$Inv. In Tiger Co$.,12,500,],[,$Equity In Earnings of TigaCo.,,$12,500],[,$Inv. In Tiger Co$.,750,],[,$Eqnity In OCI of Tiger Co$.,,750],[,$Cash,$1,250,],[,$Inv. In Tiger Co$.,,1,290],[,,,],[,,,]]$

Determine the ending balance in the James Investment account in Tiger.