Question: Prairie Inc. purchased 90% of Sunburst Co. on January 1, 2018, at a price in excess of the subsidiary's fair value. On that date, prairie's equipment (10- year life) had a book value of $360000 but a fair value of $480000. Sunburst had equipment (10-year life) with a book value of $240000 and a fair value of $350000. Prairie used the partial equity method to record its investment in Sunburst. On December 31, 2020, Prairie had equipment with a book value of $250000 and a fair value of $400000. Sunburst had equipment with a book value of $170000 and a fir value of $320000. What is the consolidated balance for the equipment account as of December 31,2020?