7 Exercise 11-11 Preparing a statement of retained earnings LO C3 following information is available for Amos Company for the year ended December 31, 2017 1.87 points a. Balance of retained earnings, December 31, 2016. prior to discovery of error, $859,000 b. Cash dividends declared and paid during 2017, $17,000 C It neglected to record 2015 depreciation expense of $41.60 which is net of $6,000 in tax benefits. d. The company earned $208,000 in 2017 net income. eBook Hint Print References Prepare a 2017 statement of retained earnings for Amos Company. (Amounts to be deducted should be indicatedv AMOS COMPANY Statement of Retained Earnings For Year Ended December 31, 2017 Retained eamings Prior period adjustment s, December 31, 2016 $ 859,000 expense error in 2015 (net of tax) 41,600 817,400 208,000 17,000 S 1,042,400 Adjusted retained eamings, December 31, 2016 Add: Net income Less: Dividends