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On January 1, 2018, Adora Inc. owned 80% of the common stock of Alvah Inc. On that date, Alvah's stockholders' equity accounts had the

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On January 1, 2018, Adora Inc. owned 80% of the common stock of Alvah Inc. On that date, Alvah's stockholders' equity accounts had the following balances: Common Stocks ($5 par value) of $250,000; additional paid-in capital of $110,000; and retained earnings of $330,000 The balance in Adora's Investment in Alvah Inc. account was $552,000, and the noncontrolling interest was $138,000. On January 1, 2018, Alvah Inc. sold 10,000 shares of previously unissued common stock for $15 per share. Adora did not acquire any of these shares. What is the balance in Adora's "Investment in Alvah Account" following the sale of the 10,000 shares of common stock?

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