The following Dec 31 2018 fiscal year end account balance information is available :

cash and cash equilvants $7,000

AR net $40,000

INventories $80,000

Property plant equipment $220,000

AP $59,000

Wages Payable $20,000

Paid IN Capital $200,000

the only asset not listed is short term investments. the only liabilities not listed are $50,000 note payable due in 2 years and related accured interest of $1,000 due in four months.THe current ratio at year end is 1.7.1

Determine the following:

Retained Earnings ?