(5 points) In 2021, Clinton Inc. reported a correction for understating depreciation in 2020 of $199,000. The company also reported net income of $4,073,000 and beginning retained earnings of $3,983,000. During the year, the company declared $289,000 of dividends, of which $216,750 was paid during the year. Based on this information, what will Clinton Inc. report as ending retained earnings for 2021? (AC 26) O $7,640,250 O $7,568,000 O $7,966,000 O $7,767,000