Jaynes Inc. acquired all of Aaron Co.'s common stock on January 1, 2012, by issuing 11,000 shares of $1 par value common stock. Jaynes' shares had a $17 per share fair value. On that date, Aaron reported a net book value of $120,000. However, its equipment (with a five-year remaining life) was undervalued by $6,000 in the company's accounting records. Any excess of consideration transferred over fair value of assets and liabilities is assigned to an unrecorded patent to be amortized over ten years. 
What balance would Jaynes' Investment in Aaron Co. account have shown on December 31, 2012, when the equity method was applied for this acquisition?
Definitions:
Hierarchy of Needs
A theory by Abraham Maslow outlining a pyramid of human needs, from basic physiological needs to the need for self-actualization.
Metapathology
The study or theory of underlying psychological dysfunction or disease.
Self-Actualizing Person
A term coined by Abraham Maslow referring to an individual who has achieved the highest level of psychological development and is fully realizing their potential.
Hierarchy of Needs
A model introduced by Abraham Maslow that is often depicted as a pyramid, representing the progression through different levels of human needs from physiological up to self-actualization.
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