Dove Corporation, a calendar year C corporation, had the following information for 2018:

Net income per books (after-tax) ..........................................$386,250
Taxable income ..........................................................................120,000
Federal income tax per books ....................................................25,200
Cash dividend distributions ......................................................150,000
Unappropriated retained earnings, as of January 1,2018 .....796,010

Based on the above information, use Schedule M-2 of Form 1120 (see Example 34 in the text) to determine Dove’s unappropriated retained earnings balance as of December 31, 2018.