On 01/01/x9, JH Group acquires 75% of the ordinary share capital of RBL, an overseas subsidiary which uses the $ as its presentational currency. JH Groups presentational currency is the Rand and the groups year end date of 3X9 1/12/x9, the parents retained earnings figure is R 3 400 000.The subsidiarys post-acquisition profits for the X9 financial year were $ 1001 000. Relevant exchange rates through the year are as follows:

01/01/x9 - $2.3: R1;

01/07/X9 - $2.5: R1;

31/12/X9 - $2.7: R1;

Based on this information, calculate JHs Group retained earnings at the end of year date of 31/12/x9.