Sunland Company purchased 100 of the 1000 outstanding shares of Oriole Company's common stock for $660000 on January 2, 2021. During 2021, Oriole Company declared dividends of $130000 and reported earnings for the year of $460000. If Sunland Company used the fair value method of accounting for its investment in Oriole Company, its Equity Investments (Oriole) account on December 31, 2021 should be

$693000.

$706000.

$660000.

$647000.