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On January 1, 2018, Ya-Ling Co. paid $500,000 for 20,000 shares of Chen Co.'s common stock and classified these shares as FVTPL financial assets. The

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On January 1, 2018, Ya-Ling Co. paid $500,000 for 20,000 shares of Chen Co.'s common stock and classified these shares as FVTPL financial assets. The fair value of Chen Co.'s stock at December 31, 2018, is $27 per share. What is the net asset amount (which includes both investments and any related valuation adjustments) attributable to the investment in Chen that will be included on Ya-Ling's balance sheet at December 31, 2018

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