The information presented here represents selected data from the December 31, 2013, balance sheet and income statements for the year then ended.

Retained earnings, December 31, 2013 $315,450

Decrease in total liabilities during 2013 $68,700

Gain on the sale of buildings during 2013 $24,150

Dividends declared and paid in 2013 $6,750

Proceeds from sale of common stock in 2013 $74,100

Net income for the year ended December 31, 2013 $33,900

Required: Prepare the Statement of Stockholders' Equity for the year ended December 31, 2013 and calculate the retained earnings balance as of December 31, 2012. (Negative amount should be indicated by a minus sign.)