The following information has been taken from the general ledger accounts of Novak Gas Corporation.

Total income since incorporation $657,000

Total cash dividends paid 78,000

Total value of stock dividends distributed 123,000

Unamortized premium on bonds payable 14,000

Loss on treasury stock transactions 3,000

Determine the current balance of retained earnings. Current Balance of Retained Earnings $enter the Current Balance of Retained Earnings in dollars