Selected information from the accounts of Row Co. at December 31, 20x1, follows:

Total profit since incorporation - 420,000

Total cash dividends paid - 130,000

Total value of property dividends distributed - 30,000

Excess of proceeds over cost of treasury stock sold, accounted for using the cost method - 110,000

In its December 31, 20x1, financial statements, what amount should Row report as retained earnings? show the solution and explain.