Shoreline Corporation had $$3,000,000$ of $$10$ par value common stock outstanding on January $1,2009,$ and retained earnings of $$1,000,000$ on the same date. During $2009,2010,$ and $2011,$ Shoreline earned net incomes of $$400,000,$$$700,000,$ and $$300,000,$ respectively, and paid dividends of $$300,000,$$$550,000,$ and $$100,000,$ respectively. On January $1,2009,$ Pebble purchased $21\%$ of Shoreline's outstanding common stock for $$1,240,000.$ On January $1,2010,$ Pebble purchased $9\%$ of Shoreline's outstanding stock for $$510,000,$ and on January $1,2011,$ Pebble purchased another $5\%$ of Shoreline's outstanding stock for $$320,000.$ All payments made by Pebble that are in excess of the appropriate book values were attributed to equipment, with each block depreciable over $20$ years under the straight$-$line method.

Required:

What is the adjustment to Investment Income for depreciation expense for Pebble's investment in Shoreline in $2009,2010,$ and $2011?$

What will be the December $31,2011$ balance in the Investment in Shoreline account after all adjustments have been made?