Coronado Corporation began operations on January 1, 2017. During its first 3 years of operations, Coronado reported net income and declared dividends as follows:

		Net income			Dividends declared
2017		$45,600			$ 0
2018		134,600			55,900
2019		165,000			51,200

The following information relates to 2020.

Income before income tax		$221,600
Prior period adjustment: understatement of 2018 depreciation expense (before taxes)		$33,700
Cumulative decrease in income from change in inventory methods (before taxes)		$36,200
Dividends declared (of this amount, $33,700 will be paid on Jan. 15, 2021)		$107,100
Effective tax rate		20	%

Assume Coronado Corporation restricted retained earnings in the amount of $64,990 on December 31, 2020. After this action, what would Coronado report as total retained earnings in its December 31, 2020, balance sheet?

Total retained earnings =