Calculate retained earnings From the following data, calculate the retained earnings balance as of December 31, 2009: Retained earnings, December 31 , 201 0 . . . . . . . . . . . . . . . . . . . . . . . . . . .$841,200 Decrease in total liabilities during 201 0 . . . . . . . . . . . . . . . . . . . . . . . . . . . .$183,200 Gain on the sale of buildings during 201 0 . . . . . . . . . . . . . . . . . . . . . . . . . .$64,400 Dividends declared and paid in 201 0 . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$18,000 Proceeds from sale of common stock in 201 0 . . . . . . . . . . . . . . . . . . . . . .$197,600 Net income for the year ended December 31 , 201 0 . . . . . . . . . . . . . . . . . . $90,400