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For the year ended December 31, 2025, Ivanhoe Inc. reported the following: Net income: $495,000 Preferred dividends declared: $76,000 Common dividends declared: $24,400 Unrealized holding

For the year ended December 31, 2025, Ivanhoe Inc. reported the following:

Net income: $495,000

Preferred dividends declared: $76,000

Common dividends declared: $24,400

Unrealized holding loss, net of tax: $9,100

Retained earnings beginning balance: $658,000

Common stock: $349,100

Accumulated other comprehensive income, beginning balance (net gains): $34,000

What would Ivanhoe report as the ending balance of Retained Earnings?

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