The summarized balance sheets of Carla Vista Company and Kingbird Company as of December 31, 2021 are as follows: Carla Vista Company Balance Sheet December 31, 2021 Assets Liabilities $2750000 $370000 Capital stock 1350000 Retained earnings 1030000 Total equities $2750000 Kingbird Company Assets Liabilities Capital stock Retained earnings Total equities Balance Sheet December 31, 2021 $2080000 $480000 1290000 310000 $2080000 If Carla Vista Company acquired a 40% interest in Kingbird Company on December 31, 2021 for $500000 and the equity method of accounting for the investment were used, the amount of the debit to Equity Investments (Kingbird) would have been O $832000. O $516000. O $500000. O $640000.