From the following data:

Retained earnings, December 31, 2011	$	367,800
Net decrease in total assets during 2011		56,100
Net increase in accounts receivable in 2011		12,900
Dividends declared and paid in 2011		50,400
Proceeds from issuance of bonds during 2011		132,600
Net loss for the year ended December 31, 2011		34,500

Required:

Calculate the Retained Earnings balance as of December 31, 2010. (Omit the "$" sign in your response.)

Retained earnings

$