The retained earnings account for Carlitos Inc. shows the following debits and credits. Indicate all entries required to correct the account. What is the corrected amount of retainedearnings?

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Account: Retalned Earnings Balance Date Item Debit Credit DebitCredit Jan Balance Loss from fire Goodwill impairment Stock dvidend Loss on sale of equipment Officers compensation related to income of prior periods- 3,175 32,200 50,000 7,550 291,700 288,525 256,325 206,325 188,775 accrual overlooked Loss on retirement of preferred shares at more than Issuance price 28,000 Pald-In capital par Stock subscription defaults Galn on retirement of preferred stock at less than Issuance price Galn on early retirement of bonds at less than book value Galn on life Insurance policy settlement Correction of prior-Derlod error 210.400 21,625 49.625 79,500 29,875 33,600 48,300 56,400 I In excess of 14,700 8,100 7,800 31,050 95,250