First Corporation had Retained Earnings at the end of December 31, 2019 of $461,000. During 2020, the company had net income of $181,000 and declared dividends of $21,100. The amount of Retained Earnings reported on the balance sheet as of December 31, 2020 will be:

a.

$620,900.

b.

$439,900.

c.

$663,100.

d.

$642,000.