as of dec 31, 2021 warner corporation reported the following treasury stock 60000 paid in capital share repurchaes 20000 common stock & other paid in cap acct 4000000 retained earning 3000000during 2022 half of the treasury stock was resold for $240000 net income was 600000 cash div declared were $ 1500000 & stock div declared $ 500000 what is the balance in retained earning account on dec 2022 show calculation.