3,000 shares of stock outstanding with a par value of $1.00 per share. The market value of the stock is $56 per share. Before the stock dividend, the balance sheet shows $47,000 in the capital in excess of par account, $3,000 in the common stock account and $200,000 in the retained earnings account. The firm just announced a 75 percent stock dividend. What will be the balance of the retained earnings account after the stock dividend?