Paar Corporation bought 100 percent of Kimmel, Inc., on January 1, 2015. On that date, Paars equipment (10-year life) has a book value of $342,500 but a fair value of $497,500. Kimmel has equipment (10-year life) with a book value of $251,000 but a fair value of $406,000. Paar uses the equity method to record its investment in Kimmel. On December 31, 2017, Paar has equipment with a book value of $239,750 but a fair value of $437,750. Kimmel has equipment with a book value of $175,700 but a fair value of $387,400. What is the consolidated balance for the Equipment account as of December 31, 2017?