Hello, hope to find some help here today.

Amoi Suppliers reported cost of goods sold for 2022 of HK$850,000 and retained earnings of HK$1,600,000 at December 31, 2022. Davenport later discovered that its ending inventories at December 31, 2021 and 2022, were overstated by HK$45,000 and HK$60,000, respectively. Determine the corrected amounts for 2022 cost of goods sold and December 31, 2022, retained earnings.

		COGS		Retained Earnings
Corrected amounts		865000		???

How can I find retained earnings? I tried "1585000" but it's not correct.

Thanks in advance