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7 2.5 points The following information is from Amos Company for the year ended December 31, 2019. a. Retained earnings at December 31, 2018 (before
7 2.5 points The following information is from Amos Company for the year ended December 31, 2019. a. Retained earnings at December 31, 2018 (before discovery of error), $857,000. b. Cash dividends declared and paid during the year, $11,000. c. Two years ago, it forgot to record depreciation expense of $48,600 (net of tax benefit). d. The company earned $216,000 in net income this year. Prepare a statement of retained earnings for Amos Company. (Amounts to be deducted should be indicated with a minu Prior period adjustment AMOS COMPANY Statement of Retained Earnings For Year Ended December 31, 2019
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