A company reports the information below for the years 2019 and 2020. What dollar amount will appear for Retained Earnings on the company's balance sheet as of year-end 2020? Note that some items might not be needed. Answer to the nearest dollar. Do not include the $ sign in your answer:

Cost of Goods Sold for 2020: 253,000

Current Assets as of 2020 year end: 192,000

Depreciation for 2020: 43,000

Dividends to shareholders for 2020: 42,000

Inventory as of 2019 year end: 71,000

Inventory as of 2020 year end: 78,000

Net income for 2019: 78,000

Net income for 2020: 113,000

Retained earnings as of 2019 year end: 588,000

Sales for 2019: 857,000

Sales for 2020: 912,000

Taxes (% of taxable income): 25%