The Greenpath Corporation's (Greenpath) balance sheet shows assets of $800,000 and liabilities of $300,000. In addition, the company has an unrecorded intangible asset with a value of $100,000 and a 10- year useful life. On January 1, 20X1, the Montana Corporation acquires 30% of Greenpath's outstanding stock for $290,000. In 20X1, Greenpath reported net income of $90,000 and paid dividends of $20,000. In 20X2, Greenpath reported net income of $110,000 and paid dividends of $50,000. If the equity method is being applied to this investment, what is the reported balance for the investment account at the end of 20X2?