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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,

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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, 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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