Biglo Chemical Company reported the following in the statement of comprehensive income for the year ended December31:

Income from continuing operations before tax

$600,000

Income tax expense

(140,000)

Net income

460,000

Other comprehensive income

110,000

Comprehensive income

240,000

During theyear, the company paid$60,000 in dividends and purchased treasury stock with a par value of$10,000 at a cost of$70,000. If the balance of Retained Earnings at the beginning of the year was$380,000, what is the balance of Retained Earnings at the end of theyear?