The income statement for Dobson Corporation reported net income of $22,400 for the year ended December 31 before considering the following: During the year, the company purchased available for sale securities. At year-end, the fair value of the investment portfolio was $2,100 more than cost. The balance of Retained Earnings was $83,000 on January 1. Dobson Corporation peld $9,000 in cash dividends during the year. Compute the balance of Retained Earnings on December 31