ClownsRUs reported the following in the statement of comprehensive income for the year ended December31:

Income from continuing operations before tax

$800,000

Income tax expense

(300,000)

Net income

500,000

Other comprehensive income

130,000

Comprehensive income

600,000

During theyear, the company paid$103,000 in dividends and purchased treasury stock with a par value of$20,000 at a cost of$95,000. If the balance of Retained Earnings at the beginning of the year was$470,000, what is the balance of Retained Earnings at the end of theyear?