Big Red, Inc., a soft-drink company, reported a prior-period adjustment in 19X9. An accounting error caused net income of prior years to be overstated by \(\$ 3.8\) million. Retained earnings at January 1, 19X9, as previously reported, stood at \(\$ 395.3\) million. Net income for \(19 \mathrm{X} 9\) was \(\$ 92.1\) million, and dividends were \(\$ 39.8\) million.

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Prepare the company's statement of retained earnings for the year ended December 31, 19X9.