20x1 is Bronco Inc.'s first year of operations. In 20x1, Bronco had GAAP net income of $100,000 and paid dividends of $5,000. In 20x2, Bronco had a GAAP net loss of $22,000 and paid no dividends. What will Bronco, Inc. report as its retained earnings balance on its balance sheet at the end of 20x2