On January $1,2022,$ Larkspur, Inc. had retained earnings of $$537,000.$ During the year, Larkspur had the following selected transactions.

Declared cash dividends $$127,000.$

Earned net income $$355,000.$

Declared stock dividends $$62,000.$

Determine the retained earnings balance at the end of the year. $($List items that increase retained earnings first.$)$