On January 1, Puckett Company paid $1.28 million for 64,000 shares of Harrisons voting common stock, which represents a 40 percent investment. No allocation to goodwill or other specific account was made. Significant influence over Harrison is achieved by this acquisition and so Puckett applies the equity method. Harrison distributed a dividend of $2 per share during the year and reported net income of $569,000. What is the balance in the Investment in Harrison account found in Pucketts financial records as of December 31? $1,456,400. $1,379,600. $1,507,600. $1,721,000.