On January 3, 20X9, Redding Company acquired 80 percent of Frazer Corporation's common stock for $344,000 at 80% of book value in cash. At the acquisition date, the book values and fair values of Frazer's net assets was equal. The stockholders' equity accounts of the two companies at the acquisition date are:

	Redding	Frazer
Common Stock ($1 Par)	$500,000	$200,000
Additional PIC	300,000	80,000
Retained earnings	350,000	150,000
Total Stockholders Equity	1,150,000	430,000

What is the sum total of common stock plus retained earnings plus non-controlling interest reported in the consolidated balance sheet as on January 3, 20X9?

		$1,150,000
		$1,580,000
		$1,236,000
		$1,064,000