Question: For the year ended December 31, 2017, Transformers Inc. reported the following: Net Income $305068 Preferred dividends paid 54210 Common dividends paid 9619 Unrealized holding

For the year ended December 31, 2017, Transformers Inc. reported the following:

Net Income $305068
Preferred dividends paid 54210
Common dividends paid 9619
Unrealized holding loss, net of tax 3543
Retained Earnings, beginning balance 389503
Common Stock 177628
Accumulated Other Comprehensive Income, beginning balance 22896

What would Transformers report as the ending balance of Retained Earnings?

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