Retained earnings, December $31,2021$ $ $312,600$

Cost of buildings purchased during $202246,000$

Net loss for the year ended December $31,20224,850$

Dividends declared and paid in $202215,600$

Increase in cash balance from January $1,2022$ to December $31,202212,900$

Increase in long$-$term debt in $202214,700$

Required:

From the above data, calculate the retained earnings balance as of December $31,2022.$

Note: Enter decreases with a minus sign to indicate a negative financial statement effect.