Parent Inc. purchased all of the outstanding shares of Sub Ltd. on January 1, Year 1, for $214,000. Amortization of the acquisition differential amounted to $16,000 in each of Years 1 and 2. Parent Inc. reported net income of $100,000 in Year 1 and $110,000 in Year 2 and paid $40,000 in dividends each year. Sub Ltd. reported net income of $33,000 in Year 1 and $39,000 in Year 2 and paid $8,000 in dividends each year. What is the Investment in Sub Ltd. balance on Parent's books as at December 31, Year 2, if the equity method has been used?