On January 1, 2029, M.T. Glass, Inc. acquired the following investments: 1. 6,300 shares (representing 18%) of ABC Company stock for $88,200 2. 39,200 shares (representing 44%) of XYZ Company stock for $646,800 ABC Company and XYZ Company reported the following information for 2029: Net income Total dividends paid Market value at Dec 31 ABC Company $240,000 $ 49,000 $25 per share XYZ Company $340,000 $ 16,000 $37 per share Calculate the total investments shown on M.T. Glass, Inc.'s December 31, 2029 balance sheet (i.e., calculate the the balance in the investment in ABC Company + the balance in the investment in XYZ Company at December 31, 2029)