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The following information has been taken from the ledger accounts of Waterway Corporation (all amounts in thousands). Total Income Since Incorporation 334,000 Total Cash Dividends

The following information has been taken from the ledger accounts of Waterway Corporation (all amounts in thousands).

Total Income Since Incorporation 334,000
Total Cash Dividends Paid 62,000
Total Value of Share Dividends Distributed 32,000
Gains on Treasury Share Transactions 17,000
Accumulated Other Comprehensive Income 33,000

Determine the current balance of retained earnings. (Enter answer in thousands.)

Current balance of retained earnings ----------?

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