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 Dec 31st 2014?