On January 1,2021 , Pride, Inc. acquired 80% of the outstanding voting common stock of Strong Corp. for $364,000. There is no active market for Strong's stock. Of this payment, $28,000 was allocated to equipment (with a five-year life) that had been undervalued on Strong's books by $35,000. Any remaining excess was attributable to goodwill, which has not been impaired. As of December 31, 2021, before preparing the consolidated worksheet, the financial statements appeared as follows: As of December 31,2021 , before preparing the consolidated worksheet, the financial statements appeared as follows: Juring 2021, Pride bought inventory for $112,000 and sold it to Strong for $140,000. Only half of the inventory purchase price had been remitted to Pride y Strong at year-end. As of December 31, 2021, 60% of these goods remained in the company's possession. What is the total of consolidated revenues at December 31,2021? Multiple Choice $700,000. $644,000. $588,000. $560,000