On June $1,2014,$ Puell Company acquired $100\%$ of the stock of Sorrell Inc. On this date, Puell had Retained Earnings of $$100,000$ and Sorrell had Retained Earnings of $$50,000.$ On December $31,2014,$ Puell had Retained Earnings of $$120,000$ and Sorrell had Retained Earnings of $$60,000.$ The amount of Retained Earnings that appeared in the December $31,2014$ consolidated balance sheet was