Welljen has provided the following data as at December 31, 2022: Time left 2:0 DR CR 5% Preference share capital @ $0.50 400,000 5% Secured loan 200,000 10% Debenture 650,000 Ordinary share capital @ $0.25 800,000 Debtors 75,000 Bank 60,000 Retained earning 40,000 Interim ordinary shares dividends 22,000 General reserves 60,000 Share premium 25,000 The following additional information was available: Profit for the year was $235,650 A transfer of $25,000 should be made to the general reserves The preference shares dividend should be accounted for The corporation tax was estimated at $52,000 How much is to be shown as the total opening balance in the statement of changes in equity?