On February 1, 2022, the balance of the retalned earnings account of Blue Power Corporation was $378.000. Revenues for Fobriary totaled $73,800, of which $69,000 was collected in cash. Expenses for February totaled $131,000, of which $108,000 was paid in cash. Dividends declared and paid during February were $12,000. Required: Calculate the retained eamings baiance at February 28, 2022. Note: Amounts to be deducted should be indicated with a minus sign