Calculating Ending Retained Earnings

XYZ Corporation reported the following items in its financial statements for the year ended December 31, 2022:

- Beginning Retained Earnings: $500,000

- Net Income for 2022: $200,000

- Dividends Paid: $50,000

- Other Comprehensive Income: $30,000

Based on this information, which amount should be reported as the ending balance of Retained Earnings in the Statement of Changes in Equity for the year ended December 31, 2022?