On December $31,2022,$ the Stockholders$$ Equity Section of Duncan Corp. was as follows:

Common Stock, par value $$1($authorized $100,000$ shares issued $$20,000$

and outstanding $20,000$ shares$)$

Additional paid$-$in Capital $280,000$

Retained Earnings $800,000$

Total Stockholders Equity $$1,100,000$

On January $1,2022$ Duncan issued $20,000$ shares for $$15/$share$.$

During $2023,$ Duncan has the following transactions:

On January $15,2023$ Duncan reacquires $2,000$ shares at a cost of $$22/$share and holds these shares in treasury

On April $30,2023$ Duncan reissues $500$ shares of treasury stock for $$25/$share

On September $30,2023$ Duncan reissues $600$ shares of treasury stock for $$19/$share

On December $31,2023$ Duncan declares a $30\%$ stock dividend and accordingly issues $5,580$ shares. The stock$$s fair value at that time is $$23/$share$.$

For the year ended $2023,$ Duncan reports earnings of $$7,500.$

What amount should the company report as retained earnings on its December $31,2023$ balance sheet?