On January 1 of the current year.YetmanCompany purchases 40% of the common stock of Livnat Company for $500,000 cash.This 40% ownership allows Yetman to exert significant influence over Livnat.During the year, Livnat reports $160,000 of net income and pays $120,000 in cash dividends.At year-end, what amount should appear in Yetman's balance sheet for its investment in Livnat?