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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 $307,500

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 $307,500 but a fair value of $436,500. Kimmel has equipment (10-year 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, 2017, Paar has equipment with a book value of $215,250 but a fair value of $370,950. Kimmel has 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, 2017?

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