Parksville Corp. (Parksville) purchased 80% of the outstanding voting shares of Saanich Inc. (Saanich) on December 31 , 2023. The balance sheets of both companies on that date are shown below (after Parksville acquired the shares): On December 31, 2023 (after the financial statements appearing above had been prepared), Vancouver Inc. (Vancouver), one of Parksville's main competitors, has agreed to acquire an equity interest in Saanich. As a result of the agreement, Saanich would issue another 8,000 shares (over and above the 32,000 shares it currently has outstanding) to Vancouver for $20 per share. The acquisition differential on the date of acquisition was attributed entirely to equipment, which had a remaining useful life of 10 years from the date of acquisition. Parksville uses the equity method to account for its investment in Saanich. There were no unrealized intercompany profits on December 31, 2023. What would be the amount of cash appearing on Parksville's December 31,2023 consolidated balance sheet (after the issue of shares to Vancouver)? Multiple Choice $450,000 $610,000 $850,000 $810,000