Oriole Corporation began operations on January 1, 2017. During its first 3 years of operations, Oriole reported net income and declared dividends as follows:

		Net income			Dividends declared
2017		$46,500			$ 0
2018		135,000			53,900
2019		162,300			53,400

The following information relates to 2020.

Income before income tax		$234,700
Prior period adjustment: understatement of 2018 depreciation expense (before taxes)		$26,000
Cumulative decrease in income from change in inventory methods (before taxes)		$35,500
Dividends declared (of this amount, $26,000 will be paid on Jan. 15, 2021)		$107,300
Effective tax rate		20	%

Prepare a 2020 retained earnings statement for Oriole Corporation. (List items that increase adjusted retained earnings first.

)Assume Oriole Corporation restricted retained earnings in the amount of $68,980 on December 31, 2020. After this action, what would Oriole report as total retained earnings in its December 31, 2020, balance sheet?