out of Scissor Corporation's balance sheet at January 1, 2020, reflected the following balances: Cash &Receivable $80,000 Accounts $40,000 Payable Inventory 120.000 Income taxes 60.000 Payable Land 70,000 Bonds Payable 200,000 Building 480.000 Common Stock 250,000 & Equipment (net) Retained 200.000 Earnings Total Assets $750,000 Total Liabilities & $750,000 SHE Paper Corporation entered into an active acquisition program and acquired 80% of Scissor's common stock on January 1, 2020, for $470.000. The fair value of noncontrolling interest at that date was determined for $117.500. A careful review of the fair value of Scissor's assets and liabilities indicated the following: Account Book Value Fair Value Inventory $120,000 $150,000 Land 70.000 60.000 Building & Equipment (net) 480.000 550.000 What is the amount of the investment in Scissor Corporation to be included in the consolidated sheet immediately following the acquisition date