At the beginning of 2026 , Cullumber Company had retained earnings of $327000. During the year Cullumber reported net income of $74800, sold treasury stock at a "gain" of $26100, declared a cash dividend of $44400, and declared and issued a small stock dividend of 1560 shares ( $10 par value) when the fair value of the stock was $31 per share. The amount of retained earnings available for dividends at the end of 2026 was $333200.$335140.$309040.$359300