Reeder Corp. acquired one hundred percent of ONeill Inc. on January 1, 2019, at a price in excess of the subsidiary's fair value. On that date, Reeders equipment (ten-year life) had a book value of $380,000 but a fair value of $460,000. ONeill had equipment (ten-year life) with a book value of $240,000 and a fair value of $370,000. Reeder used the partial equity method to record its investment in ONeill. On December 31, 2021, Reeder had equipment with a book value of $270,000 and a fair value of $400,000. ONeill had equipment with a book value of $180,000 and a fair value of $300,000. What is the consolidated balance for the Equipment account as of December 31, 2021?

Multiple Choice $531,000. $541.000. $580,000. $450,000. $567,000.