Duke Corporation Reports the Following Components of Stockholders' Equity on December

Duke Corporation reports the following components of stockholders' equity on December 31,2013:
$\begin{array}{lr}\text { Common stock }-\$ 25 \text { par value, } 95,000 \text { shares authorized, } 45,000 \text { shares }\\\text { issued and outstanding } & \$ 1,125,000 \\ \text { Paid-in capital in excess of par value, common stock } &60,000 \\\text { Retained earnings } &460,000 \\ \text { Total stockholders' equity } & \$ 1,645,000\end{array}$

$\text { In 2014, the following transactions affected its stockholders equity accounts: }$

Jan. 1 Purchased 4,500 shares of its own stock at $\$ 27$ cash per share.
Jan. 5 Directors declared a $\$ 3$ per share cash dividend payable on Feb. 28 to the Feb. stockholders of record.

Feb. 28 Paid the dividend declared on January 5 .
Mar. 3 Sold 1,000 shares of treasury stock for $\$ 28$ per share
Mav 25 Sold 1,000 shares of treasulu stock for $\$ 16$ per share.
What is the amount in the Retained Earnings account immediately after the May 25 sale?

A) $460,000
B) $328,500
C) $444,000
D) $433,000
E) $338,500