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4. 25.00 points ended December 31, 2016. The following information is available for Amos Company for the yea a. Balance of retained eamings, December 31,
4. 25.00 points ended December 31, 2016. The following information is available for Amos Company for the yea a. Balance of retained eamings, December 31, 2015, prior to discovery of error, $865,000 b. Cash dividends declared and paid during 2016, $24,000 c. It neglected to record 2014 depreciation expense of $42,600, which is net of $6,500 in tax benefits d. company eamed $216,000 in 2016 net income Prepare a 2016 statement of retained eamings for Amos Company. (Amounts to be deducted should be indicated with a minus sigrn Statement of Retained Earnings For Year Ended December 31, 2016 Prior period adjustment References Diiculty: 2 Medium Leaming Objective: 11-C3 Explain the items reported in retained 5 6 8 9 0 0
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