On January 1, 2024, Cat Company purchased the following investments: 1) 20,000 shares (representing 35%) of AA Company stock for $23 per share. 2) 8,000 shares (representing 14 %) of ZZ Company stock for $15 per share. Cat Company recorded the sale of some of its investments during 2025 as follows: 1) On December 31, 2025, Cat Company sold 6,000 shares of the AA Company stock for $30 per share. 2) On September 1, 2025, Cat Company sold 4,000 shares of the ZZ Company stock for $21 per share. During 2024 and 2025, AA Company and ZZ Company reported the following information: AA Company Net income 2024 Total dividends paid Market value at Dec 31 ZZ Company: Net income Total dividends paid $200,000 $105,000 $27 per share 2024 $260,000 2025 $160,000 $ 35,000 $24 per share 2025 $225,000 $100,000 $125,000 Market value at Dec 31 $26 per share $29 per share Calculate the balance in the Investment in AA Company account reported on Cat Company's December 31, 2024 balance sheet