Rodgers Corporation accounts for its $35\%$ investment in Hammerstein Corporation using the equity method of accounting. The investment cost $$430,000$ on $1/1/$X$1.$ During X$1,$ Hammerstein reported net income of $$300,000$ and paid total dividends of $$40,000$ during X$1.$ On December $31,20$X$1,$ the balance in Rodgers Corporation$$s Investment in Hammerstein account will equal to$?$