Truesdale, Inc., purchased 40 percent of Duffy Company common stock at a total cost of $400,000 on January 1, 2014 Duffy reports a net loss of for the year ending December 31, 2014. On January 25, 2015, Duffy pays dividends in the amount of $60,000. On January 25, 2015, after the related entries have been posted, the book value of our investment (that is, the balance of Truesdale's Investment in the Long-Term Investments- Duffy account) equals _____