Retained earnings, December 31, 2016	$	346,200
Cost of buildings purchased during 2017		40,900
Net income for the year ended December 31, 2017		56,300
Dividends declared and paid in 2017		32,300
Increase in cash balance from January 1, 2017, to December 31, 2017		23,300
Increase in long-term debt in 2017		44,600
From the above data, calculate the Retained Earnings balance as of December 31, 2017: Retained Earnings: