Shamrock Corporation began operations on January 1, 2014. During its first 3 years of operations, Shamrock reported net income and declared dividends as follows.

		Net income			Dividends declared
2014		$49,700			$ 0
2015		126,400			51,200
2016		161,500			54,800

The following information relates to 2017.

Income before income tax		$247,900
Prior period adjustment: understatement of 2015 depreciation expense (before taxes)		$25,600
Cumulative decrease in income from change in inventory methods (before taxes)		$37,000
Dividends declared (of this amount, $25,600 will be paid on January 15, 2018)		$106,000
Effective tax rate		40	%

Prepare a 2017 retained earnings statement for Shamrock Corporation. (List items that increase adjusted retained earnings first.) Assume Shamrock Corporation restricted retained earnings in the amount of $69,360 on December 31, 2017. After this action, what would Shamrock report as total retained earnings in its December 31, 2017, balance sheet?