On January 1,2020, ABC, company purchased 3,000 shares of Vancouver Company at a cost of $31 each plus a brokerage fee of $1500. These 3,000 shares represent a 17% interest in Vancouver company. during the year, Vancouver company reported net income of $150000 and declared and paid dividends totaling $80000. At December 31,2020, the shares of Vancouver company were trading at $36 each. Assume this percentage of ownership gives BC company significant influence over the investee and ABC company is accounting for this investment using the Equity Model. At what value should the investment appear on BC's December 31,2020, Statement of financial position?