Lucky Worldwide Travel Services, Inc. had Retained Earnings on November 30, 2012 of $2,357,577. Net Income for the month of December 2012 was $253,417. Also, in December, the following additional transactions took place:
Dividends were paid out to shareholders in the amount of $103,542.
10,000 new shares of common stock were sold at $20 per share.
Principal on the auto loan was paid in the amount of $4,500
What was Lucky's Retained Earnings Balance on December 31, 2012
$