SHOW CALCULATION STEP BY STEP.

ClownsminusRminusUs

reported the following in the statement of comprehensive income for the year ended December 31:

Income from continuing operations before tax	$ 840 comma 000$840,000
Income tax expense	(320 comma 000320,000)
Net income	520 comma 000520,000
Other comprehensive income	130,000
Comprehensive income	600,000

During the year, the company paid

$ 102 comma 000$102,000

in dividends and purchased treasury stock with a par value of $20,000 at a cost of $95,000. If the balance of Retained Earnings at the beginning of the year was

$ 460 comma 000$460,000,

what is the balance of Retained Earnings at the end of the year?

A)980,000

B)1,100,000

C)998,000

D)878,000