On January 2, 2021 Pod Company purchased 30% of the outstanding common stock of Jobs, Inc. and had significant influence. During 2021 Jobs, Inc. reported net income of $1,260,000 and distributed dividends of $540,000. The ending balance in the Investment in Pod Company account at December 31, 2021 was $960,000 after applying the equity method during 2021 . What was the purchase price Pod Company paid for its investment in Jobs, Inc