Retained earnings, December 31, 2012	$	311,900
Cost of equipment purchased during 2013		30,000
Net loss for the year ended December 31, 2013		4,550
Dividends declared and paid in 2013		15,200
Decrease in cash balance from January 1, 2013, to December 31, 2013		12,800
Decrease in long-term debt in 2013		15,900

Required:

From the above data, calculate the retained earnings balance as of December 31, 2013. (Negative amounts should be indicated by a minus sign.)