Royce Co Acquired 60% of Park Co

Multiple Choice

Royce Co. acquired 60% of Park Co. for $420,000 on December 31, 2010 when Park's book value was $560,000. The Royce stock was not actively traded. On the date of acquisition, Park had equipment (with a ten-year life) that was undervalued in the financial records by $140,000. One year later, the following selected figures were reported by the two companies. Additionally, no dividends have been paid.
-What is the consolidated balance of the Equipment account at December 31, 2011?

A) $644,400.
B) $784,000.
C) $719,600.
D) $770,000.
E) $775,600.