The net income for Year 1 (the first year of operations for the company) was $21,400 and dividends of $12,700 were paid. In Year 2, the company reported net income of $35,400 and paid dividends of $5,700. At the end of Year 1, the company had total assets of $164,000. At the end of Year 2, the company had total assets of $254,000. What is the amount of retained earnings at the end of Year 2