Blue Fin started the current year with assets of $707,000, liabilities of $353,500 and common stock of $207,000. During the current year, assets increased by $407,000, liabilities decreased by $53,500 and common stock increased by $282,000. There was no payment of dividends to owners during the year: Based on this information, What wos the amount of Blue Fin's retained earnings of the beginning of the year? Multiple Choice $71,500 $146,500 5460,500 5560,500