Wando Company reported retained earnings at December 31, 2019, of $410,000. Wando had 160,000 shares of common stock outstanding throughout 2020. The following transactions occurred during 2020.

1.An error was discovered in the 2018 accounting records, depreciation expense was recorded at $65,000, but the correct amount was $50,000.

2.A cash dividend of $0.50 per share was declared and paid.

3.A 15% stock dividend was declared and distributed when the market price per share was $8 per share.

4.Net loss was $80,000.

so what is the retained earnings statement for 2020 ?