Parrett Corp. acquired one hundred percent of Jones Inc. on January 1, 2016, at a price in excess of the subsidiary's fair value. On that date, Parrett's equipment (ten-year life) had a book value of $330,000 but a fair value of $460,000. Jones had equipment (five-year life) with a book value of $240,000 and a fair value of $350,000. Parrett used the partial equity method to record its investment in Jones. On December 31, 2018, Parrett had equipment with a book value of $240,000 and a fair value of $420,000. Jones had equipment with a book value of $190,000 and a fair value of $350,000. What is the consolidated balance for the Equipment account as of December 31, 2018?