I told my crush that i was sad because i was lonely... and he said to me "don't be sad that you're alone on valentines day, be sad that your ugly and alone everyday. there are plenty of fish in the sea...but there aren't any fish in the sea for you"

Evan company reports net income of $232,000 each year and declares an annual cash dividend of $100,000. the company holds net assets of $2,130,000 on january 1, 2017. on that date, shalina purchases 40 percent of evan's outstanding common stock for $1,066,000, which gives it the ability to significantly influence evan. at the purchase date, the excess of shalina’s cost over its proportionate share of evan’s book value was assigned to goodwill. on december 31, 2019, what is the investment in evan company balance (equity method) in shalina’s financial records?