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On January 1 , 2 0 2 2 , Skysong. Inc had retained earnings of $ 5 4 4 . 0 0 0 . During

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On January 1,2022, Skysong. Inc had retained earnings of $544.000. During the year, Skysong had the following selected transactions.
Declared cash dividends $124,000.
Earned net income $355,000.
Declared stock dividends $56,000.
Determine the retained earnings balance at the end of the year. (List items that increase retained earnings first.)
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