First Corporation had Retained Earnings at the end of December $31,2022$ of $$453,000.$ During $2023,$ the company had net income of $$173,000$ and declared dividends of $$20,300.$ The amount of Retained Earnings reported on the balance sheet as of December $31,2023$ will be:

Multiple Choice

$$646,300.$

$$432,700.$

$$626,000.$

$$605,700.$