If the beginning balance of retained earnings is $ 180 comma 000 , revenue is $ 85 comma 000 , expenses total $ 35 comma 000 , and the company declares and pays a $ 20 comma 000 dividend, what is the ending balance of retained earnings? Let's begin by selecting the labels in the summarized statement of retained earnings and then enter the amounts to calculate the ending balance of retained earnings for the company. (Include a subtotal after the "Add" line of the statement.)
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