At the beginning оf 2024, Bаd Cоmpаny discоvered the following prior yeаr errors: In 2022, depreciation expense was overstated by $12,300. In 2023, depreciation expense was understated by $26,400. In 2022, ending inventory was understated by $19,100. In 2023, ending inventory was overstated by $37,800. Assume the books for 2023 are closed when the errors are discovered. The Company originally reported an ending retained earnings balance of $170,000 in 2023. What is the corrected retained earnings balance? Ignore income tax considerations.