On January $1,2021,$ Pride, Inc. acquired $80\%$ of the outstanding voting common stock of Strong Corp. for $$364,000.$ There is no active market for Strong$$s stock. Of this payment, $$28,000$ was allocated to equipment $($with a five$-$year life$)$ that had been undervalued on Strong's books by $$35,000.$ Any remaining excess was attributable to goodwill, which has not been impaired.

As of December $31,2021,$ before preparing the consolidated worksheet, the financial statements appeared as follows:

Pride, Inc. Strong Corp.

Revenues $ $420,000$ $ $280,000$

Cost of goods sold $(196,000)(112,000)$

Operating expenses $(28,000)(14,000)$

Net income $ $196,000$ $ $154,000$

Retained earnings, $1/1/21$ $ $420,000$ $ $210,000$

Net income $($above$)196,000154,000$

Dividends paid $00$

Retained earnings, $12/31/21$ $ $616,000$ $ $364,000$

Cash and receivables $ $294,000$ $ $126,000$

Inventory $210,000154,000$

Investment in Strong Corp $364,0000$

Equipment $($net$)616,000420,000$

Total assets $ $1,484,000$ $ $700,000$

Liabilities $ $588,000$ $ $196,000$

Common stock $280,000140,000$

Retained earnings, $12/31/21($above$)616,000364,000$

Total liabilities and stockholders$$ equity $ $1,484,000$ $ $700,000$

During $2021,$ Pride bought inventory for $$112,000$ and sold it to Strong for $$140,000.$ Only half of the inventory purchase price had been remitted to Pride by Strong at year$-$end. As of December $31,2021,60\%$ of these goods remained in the company's possession. what is the consolidated total for equipment $($net$)$ at december $312021$