As of December $31,2021,$ Corporation reported the following:

Cash dividends payable $ $20,000$

Treasury stock $600,000$

Paid$-$in capital$$share repurchase $20,000$

Common stock and other paid$-$in capital accounts $4,000,000$

Retained earnings $3,000,000$

During $2022,$ half of the treasury stock was resold for $$240,000.$ The sale of half of the treasury stock could cause Retained Earnings to change by what amount?