At the beginning of the year, a company's balance sheet reported the following balances: Total Assets = $150,000; Total Liabilities - $23,620; Total Paid-in capital of $55,130; and Retained earnings = $71,250. During the year, the company reported revenues of $48,250 and expenses of $31,500. In addition, dividends for the year totaled $21,000. Assuming no other changes to Retained earnings, the balance in the Retained earnings account at the end of the year would be