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 $$455,000$ but a fair value of $$570,000.$ Kimmel has equipment $(10-$year remaining life$)$ with a book value of $$266,000$ but a

fair value of $$380,000.$ Paar uses the equity method to record its investment in Kimmel. On December $31,2023,$ Paar has equipment with a

book value of $$318,500$ but a fair value of $$453,700.$ Kimmel has equipment with a book value of $$186,200$ but a fair value of $$332,800.$

What is the consolidated balance for the Equipment account as of December $31,2023?$

Multiple Choice

$$786,500$

$$584,500$

$$504,700$

$$618,700$