Torres Inc. acquired all of Baker Co.'s common stock on January 1, 2020, by issuing 12,000 shares of $1 par value common stock. Torres' shares had a $20 per share fair value. On that date, Baker reported a net book value of $135,000. However, its equipment (with a five-year remaining life) was undervalued by $9,000 in the company's accounting records. Any excess of consideration transferred over fair value of assets and liabilities acquired is assigned to an unrecorded patent to be amortized over ten years.

Below is data from the individual accounting records of these two companies as of December 31, 2020:

	Torres Inc.				Baker Co.
Revenues	$	790,000			$	300,000
Expenses		540,000				180,000
Investment income	Not given					—
Dividends paid		90,000				70,000

Below is data from the individual accounting records of these two companies as of December 31, 2021:

	Torres Inc.				Baker Co.
Revenues	$	875,000			$	360,000
Expenses		682,000				190,000
Investment income	Not given					—
Dividends paid		120,000				55,000
Equipment		650,000				370,000
Retained earnings, 12/31/21 balance		990,000				260,000

What was consolidated equipment as of December 31, 2021?