Presented below is the trial balance of Vivaldi Corporation at December 31, 2012.

		Debit		Credit
Cash		$200,850
Sales				$7,904,530
Debt Investments (trading) (cost, $145,000)		157,530
Cost of Goods Sold		4,804,530
Debt Investments (long-term)		302,850
Equity Investments (long-term)		280,850
Notes Payable (short-term)				94,530
Accounts Payable				459,530
Selling Expenses		2,004,530
Investment Revenue				64,170
Land		260,000
Buildings		1,043,850
Dividends Payable				139,850
Accrued Liabilities				100,530
Accounts Receivable		439,530
Accumulated DepreciationBuildings				352,000
Allowance for Doubtful Accounts				29,530
Administrative Expenses		901,170
Interest Expense		212,170
Inventory		600,850
Extraordinary Gain				81,170
Notes Payable (long-term)				903,850
Equipment		604,530
Bonds Payable				1,003,850
Accumulated DepreciationEquipment				60,000
Franchises		160,000
Common Stock ($5 par)				1,004,530
Treasury Stock		195,530
Patents		195,000
Retained Earnings				81,850
Paid-in Capital in Excess of Par				83,850
		$12,363,770		$12,363,770

Calculate ending retained earnings and prepare a balance sheet at December 31, 2012, for Vivaldi Corporation. Ignore income taxes.