On January 1, 20X9, Ute Corporation acquired 75 percent of Cougar Company's common stock for $1,200,000 cash. Ute Corporation at the date of acquisition was as follows: Common Stock $500,000 APIC $500,000 RE $400,000 What amount would be reflected as "Total Equity" on the Consolidated Financial Statements on January 1st, 20X9? Group of answer choices $1,400,000 $1,800,000 1,847,000 $1,500,000