At the beginning of the year, Sigma Company's balance sheet reported Total Assets of $339,000 and Total Liabilities of $26,200 and Total Paid-in capital of $104,800. During the year, the company reported total revenues of $402,000 and expenses of $311,000. Also, dividends during the year totaled $80,000. Assuming no other changes to Retained earnings, the balance in the Retained earnings account at the end of the year would be: