Paar Corporation bought 100 percent of Kimmel, Inc., on January 1, 2018. On that date, Paar's equipment (10-year remaining life) has a book value of $307,500 but a fair value of $436,500. Kimmel has equipment (10-year remaining life) with a book value of $271.000 but a fair value of $409,000. Paar uses the equity method to record its investment in Kimmel. On December 31, 2020, Paar hos equipment with a book value of $215,250 but a fair value of $370,950. Kimmel hos equipment with a book value of $189,700 but a fair value of $355,600. What is the consolidated balance for the Equipment account as of December 31, 2020? Multiple Choice $404,950 O $726656 O $542,990 O $50,650