A company with a target D/E ratio of 14 reported earnings of $240,000 for the period just ended. If the company uses a residual dividend policy and declared total dividends of $18,000, what is its addition to retained earnings? Do not found intermediate calculations, Round the final answer to 2 decimal places. Omit any commas and the sign in your response. For example, art answer of $100050 should be entered as 1000.50