From the following data:

Retained earnings, December 31, 2013	$	349,500
Cost of buildings purchased during 2014		42,600
Net income for the year ended December 31, 2014		56,700
Increase in cash balance from January 1, 2014, to December 31, 2014		23,600
Increase in long-term debt in 2014		45,700

Required:

Calculate the Retained Earnings balance as of December 31, 2014.

Retained Earnings: $___________