The retained earnings account of Company XYZ has a balance of $350,000 at the end of 2017.At the end of 2018 the following information is available. 
What is the amount of retained earnings at the end of 2018?
Definitions:
Public Health Service
A government or statutory body's activities and policies designed to promote the health and well-being of its population.
Legislation
Laws and statutes proposed and enacted by a government's legislative body to regulate, authorize, sanction, grant, declare, or restrict.
Status
A condition or situation at a particular time, often used to describe clinical conditions or social and financial conditions.
Clinical Laboratory Improvement Amendments
Regulations established in 1988 that govern laboratory testing in the U.S., ensuring accuracy, reliability, and timeliness of patient test results.
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