On January $1,20$X$4,$ Plimsol Company acquired $100$ percent of Shipping Corporation's voting shares, at underlying book value. Plimsol accounts for its investment in Shipping at cost$.$ Shipping's retained earnings was $$75,000$ on the date of acquisition. On December $31,20$X$4,$ the trial balance data for the two companies are as follows:

$\backslash$table$[[$Item$,$Plimsol Company Shipping Corporation$],[$Debit$,$Credit,Debit,Credit,$],[$Current Assets,$ $100,000,,$$ $75,000,],[$Depreciable Assets $($net$),200,000,,150,000,],[$Investment in Shipping Corporation,$125,000,,,],[$Other Expenses,$60,000,,45,000,],[$Depreciation Expense,$20,000,,15,000,],[$Dividends Declared,$25,000,,15,000,],[$Current Liabilities,,$ $40,000,,$$ $25,000],[$Long$-$Term Debt,,$75,000,,50,000],[$Common Stock,,$100,000,,50,000],[$Retained Earnings,,$150,000,,75,000],[$Sales$,,150,000,,100,000],[$Dividend Income, Shipping Corporation,,$15,000,,],[,$$$530,000,$$ $530,000,$$ $300,00,$$ $300,000]]$

Based on the information provided, what amount of retained earnings will be reported in the consolidated balance sheet prepared on December $31,20$X$4?$

$$235,000$

$$210,000$

$$310,000$

$$225,000$