The Torre Company has the following stockholders' equity account balances in stockholders equity on December 31. Common Stock $5 par, 60,000 shares issued $300,000 Paid-In Capital in Excess of ParCommon Stock 600,000 Preferred Stock $100 par, 5,000 shares issued 500,000 Paid-In Capital in Excess of ParPreferred 190,000 Retained Earnings 200,000 Treasury Stock (cost $10 per share) 130,000 If net income for the year was $95,000 and a preferred stock dividend of $35,000 was paid, what was the beginning value of retained earnings?