Calculate retained earnings from following data:
Retained Earnings December 31, 2014..........................................$245,200
Net Decrease in total assets during 2014.......................................$37,400
Net Increase in accounts receivables in 2014................................$8,600
Dividends declared and paid in 2014...............................................$33,600
Proceeds from issuance of bonds during 2014.............................$88,400
Net Loss for the year ended December 31,2014............................$23,000