The accountant for Crusoe Company is preparing the company's statement of cash flows for the fiscal year just ended. The following information is available:

Retained earnings balance at the beginning of the year $ $157,000$

Cash dividends declared for the year $47,000$

Proceeds from the sale of equipment $82,000$

Gain on the sale of equipment $7,200$

Net income for the year $93,000$

What is the ending balance for retained earnings?

Multiple Choice

$$386,200.$

$$176,000.$

$$250,000.$

$$203,000.$

$$210,200.$