Ellen Corporation began 2021 with $179,850 of retained earnings. Ellen Corporation issued common stock totaling $12,000 during 2021. The company also paid a $3,600 dividend to its shareholders during the year. Ellen Corporation's income statement reflects $81,300 of net income for 2021. What is the ending balance of retained earnings that should appear in Ellen Corporation's December 31, 2021 balance sheet? Multiple Choice $269,550 $264,750 $257,550 $276,750