Paar Corporation bought 100 percent of Kimmel, Inc., on January 1, 2015. On that date, Paar's equipment (10-year life) has a book value of $462,500 but a fair value of $618,500. Kimmel has equipment (10-year life) with a book value of $295,000 but a fair value of $451,000. Paar uses the equity method to record its investment in Kimmel On December 31, 2017, Paar has equipment with a book value of $323,750 but a fair value of $502,450. Kimmel has equipment with a book value of $206,500 but a fair value of $404,200. What is the consolidated balance for the Equipment account as of December 31, 2017? Multiple Choice $530,250 $906,650 $639,450. $686,250