At the end of 2020, SDAC Corporation announced a gross profit of RM1 million. The company has also established that over the course of this year that it has incurred RM345,000 in operating expenses and RM125,000 in interest expenses. The company is subject to a 21% tax rate and has declared RM57,000 of total preferred stock dividends. Question Compute the increased retained earnings for 2020 if the company were to declare a RM4.25 common stock dividend. The company has 15,000 shares of common stock outstanding.