Wilmslow acquired 80% of the equity shares of Zeta on 1 April 2014 when Zeta’s retained earnings were $200,000. During the year ended 31 March 2015, Zeta purchased goods from Wilmslow totalling $320,000. At 31 March 2015, one quarter of these goods were still in the inventory of Zeta. Wilmslow applies a mark-up on cost of 25% to all of its sales. At 31 March 2015, the retained earnings of Wilmslow and Zeta were $450,000 and $340,000 respectively. What would be the amount of retained earnings in Wilmslow’s consolidated statement of financial position as at 31 March 2015?