Paar Corporation bought $100$ percent of Kimmel, Incorporated, on January $1,2021.$ On that date, Paar's equipment $(10-$year remaining life$)$ has a book value of $$430,000$ but a fair value of $$587,000.$ Kimmel has equipment $(10-$year remaining life$)$ with a book value of $$249,000$ but a fair value of $$402,000.$ Paar uses the equity method to record its investment in Kimmel. On December $31,2023,$ Paar has equipment with a book value of $$301,000$ but a fair value of $$482,500.$ Kimmel has equipment with a book value of $$174,300$ but a fair value of $$368,000.$ What is the consolidated balance for the Equipment account as of December $31,2023?$

Multiple Choice

$$850,500$

$$582,400$

$$475,300$

$$628,300$