On January 1, 2013, Company A purchased 36% of the outstanding voting common stock of Company B for $300,500. The book value of the acquired shares was $275,600. The excess of cost over book value is attributable to an intangible asset on Company B's books that was undervalued and had a remaining useful life of five years. For the year ended December 31, 2013, Company B reported net income of $125,400 and paid cash dividends of $26,000. What is the carrying value of Company A's investment in Company B at December 31, 2013?
All methods and formulas used must be in concordence with GAAP standards, also please show how you got your numbers and no calculator or excel tricks, please.