TB MC Qu$.5-104($Algo$)$ Morning Dove Company is preparing a statement...

Morning Dove Company is preparing a statement of stockholders' equity for $2023.$

Retained earnings $1/1/2023$ $ $649,000$

Net income for the year ended $12/31/2023452,500$

Dividends declared for $2023260,500$

Dividends paid $169,000$

Proceeds from sale of additional shares of common stock $329,000$

Amount paid to repurchase shares of common stock $100,500$

What is the balance in Morning Dove$$s retained earnings account on December $31,2023?$