McK Nursery, Incorporated, reports the following account balances on December 31, 2024: cash, $23,000; accounts receivable, $18,000; inventory, $32,000; equipment (net), $78,500; operating leases, $8,500; accounts payable, $21,000; salaries payable, $8,500; interest payable, $4,500; notes payable (due in 18 months), $37,000; common stock, $64,000. Required: Determine the year-end balance in retained earnings for McK Nursery, Incorporated. Retained earnings