Balance Sheet Presentation, Trading Investments The income statement for Tri-Con, Inc., for the year ended December 31, 2014, was as follows: Tri-Con, Inc. Income Statement (selected items) For the Year Ended December 31, 2014 $162,000 Income from operations Gain on sale of investments 13,000 39,000 Less unrealized loss on trading investments $136,000 Net income The balance sheet dated December 31, 2013, showed a Retained Earnings balance of $662,000. During 2014, the company purchased trading investments for the first time at a cost of $180,000. In addition, trading investments with a cost of $49,000 were sold at a gain during 2014. The company paid $38,000 in dividends during 2014. a. Determine the December 31, 2014, Retained Earnings balance