Landon Corporation was organized on January 2, 2012, with the investment of $100,000 by each of its two stockholders. Net income for its first year of business was $85,200. Net income increased during 2013 to $125,320 and to $145,480 during 2014. Landon paid $20,000 in dividends to each of the two stockholders in each of the three years. What are the retained earnings for Jan 1st 2014 and the retained earnings of Dec 31st 2014