he following trial balance of Sunland Company at December 31, 2017 has been properly adjusted except for the income tax expense adjustment.

Sunland Company Trial Balance December 31, 2017
		Dr.			Cr.
Cash		$	872500
Accounts receivable (net)			2690000
Inventory			2090000
Property, plant, and equipment (net)			7568000
Accounts payable and accrued liabilities					$	1769000
Income taxes payable						651000
Deferred income tax liability						84500
Common stock						2342000
Additional paid-in capital						3675000
Retained earnings, 1/1/17						3528000
Net sales and other revenues						13534000
Costs and expenses			11190000
Income tax expenses			1173000
			$25583500			$25583500

Other financial data for the year ended December 31, 2017: Included in accounts receivable is $1210000 due from a customer and payable in quarterly installments of $151250. The last payment is due December 29, 2019. The balance in the Deferred Income Tax Liability account pertains to a temporary difference that arose in a prior year, of which $19500 is classified as a current liability. During the year, estimated tax payments of $522000 were charged to income tax expense. The current and future tax rate on all types of income is 40%. In Sunlands December 31, 2017 balance sheet, The final retained earnings balance is