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 $417,500 but a fair value of $579,500. Kimmel has equipment (10-year remaining life) with a book value of $274,000 but a fair value of $444,000. Paar uses the equity method to record its investment in Kimmel. On December 31, 2023, Paar has equipment with a book value of $292,250 but a fair value of $481,250. Kimmel has equipment with a book value of $191,800 but a fair value of $399,300. What is the consolidated balance for the Equipment account as of December 31, 2023?

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 Paar uses the equity method to record its investment in Kimmel. On December 31, 2023, Paar has equipment with a book value of $292,250 but a fair value of $481,250. Kimmel has equipment wish a book value of $194,800 but a fair value of $399,300. What is the consolidated balance for the Equipment account as of December 31, 2023