Baltimore Company reports total assets and total liabilities of $271,000 and $85,000, respectively, at the conclusion, of its first year of business....

Baltimore Company reports total assets and total liabilities of $271,000 and $85,000, respectively, at the conclusion, of its first year of business. The company earned $75,500 during the first year, and distributed $29,000 to shareholders as dividends. How much did shareholders initially invest in the business?