On January 1, 2020, Oriole Company had retained earnings of $504,000. During the year, Oriole had the following selected transactions. Declared cash dividends $128,000. Earned net income $349,000. 3. Dsclared stock dividends $64.000. Determine the retained earnings balance at the end of the year. (List items that increase retained earnings first.) Oriole Company Retained Earnings Statement Former Ended December 31, 2020