The separate condensed balance sheets of Patrick Corporation and its wholly-owned subsidiary, Sean Corporation, are as follows: BALANCE SHEETS December 31, 2020 Patrick Sean Cash $ 76,000 $ 74,000 Accounts receivable (net) 144,000 22,000 Inventories 84,000 74,000 Plant and equipment (net) 622,000 266,000 Investment in Sean 456,000 - Total assets $ 1,382,000 $ 436,000 Accounts payable 160,000 88,000 Long-term debt 100,000 34,000 Common stock ($10 par) 326,000 50,000 Additional paid-in capital 14,000 Retained earnings 796,000 250,000 Total liabilities and shareholders' equity $ 1,382,000 $ 436,000 Additional Information: On December 31, 2020, Patrick acquired 100 percent of Seans voting stock in exchange for $456,000. At the acquisition date, the fair values of Seans assets and liabilities equaled their carrying amounts, respectively, except that the fair value of certain items in Seans inventory were $22,000 more than their carrying amounts. In the December 31, 2020, consolidated balance sheet of Patrick and its subsidiary, what amount of total assets should be reported?