At January 1, 2020, JYA Corporation had outstanding 11,500 shares of 6%, $20 par value preferred stock and 32,000 shares of $7 par value common stock. The stockholders' equity account balances of JYA Corporation at January 1, 2020 are given below:  January 1, 2020 Preferred stock ...................... $230,000 Paid-in capital  preferred stock .... $138,000 Common stock ......................... $224,000 Paid-in capital  common stock ....... $288,000 Retained earnings .................... $103,000 Total stockholders' equity ......... $983,000 During January, JYA Corporation entered into the following transactions: January 6: Re-acquired 21,000 of the common shares for $18 per share January 11: Re-issued 3,000 of the shares re-acquired on January 6 for $21 per share January 14: Re-issued 4,000 of the shares re-acquired on January 6 for $12.30 per share January 18: Issued 4,200 previously un-issued common shares for $22 per share January 22: Re-issued 5,000 of the shares re-acquired on January 6 for $24 per share January 28: Re-issued 6,000 of the shares re-acquired on January 6 for $13.85 per share Calculate the balance in the retained earnings account at January 31, 2020.