on january 1, belleville company paid $1,910,000 to acquire 95,500 shares of o'fallon’s voting common stock, which represents a 40 percent investment. no allocations to goodwill or other specific accounts were made. significant influence over o'fallon is achieved by this acquisition, and so belleville applies the equity method. o'fallon declared a $1 per share dividend during the year and reported net income of $656,000. what is the balance in the investment in o'fallon account found in belleville’s financial records as of december 31?