Brief Exercise $4-19($Algo$)$ Close temporary accounts to retained earnings $($LO$4-6)$

Aggies Corporation has the following year$-$end adjusted account balances $($before closing$)$: Retained Earnings, $$215,000$; Sales

Revenue, $$825,000$; Cost of Goods Sold, $$375,000$; Rent Expense, $$135,000$; Interest Expense, $$70,000$; and Dividends, $$45,000.$

Calculate the balance of Retained Earnings after the closing process has been completed.

Note: Enter amounts to be deducted with a minus sign.