Lisgar Corporation's shareholders' equity section at the beginning and end of 20x7 were as follows: Jan. 1, 20x7 Dec. 31, 20x7 Common shares $798456 $792822 Retained Earnings 504592 The following transactions took place du ing the year: Feb. 20 Issued 5000 common shares for $114408 cash August 1 Retired 10000 common shares for $188525 Dec. 31 Reported net income of $175220 for the year What is Lisgar's Retained Earnings balance at the end of 20x7? Assume the company did not declare any dividends during the year. Select one: a. $679812 b. $1404151 c. $436109 d. $611329 Check