aining Time: 1 hour, 55 minutes, 12 seconds 17 16 18 question completion Status 10 10 The Retained turnings for AC Corporation at January 1, 2020 were $232,500. The corporation had 30,000 shares of common stock outstanding during the year 2020 During the year the following transactions occurred The company discovered that it had mistakenly recorded the depreciation expense for 2019 a 522,000 while the correct amount was $23,000. Declared and paid a cash dividend of 5 1.30 per share Declared and distributed stock dividend when the market price was 513 per share. tardane income of S16000 Complete the below and tarning statement by filling up the banks from the dropdown list. ABC Corporation Retained Earnings Statement For the Year Ended December 31, 2020 5232.500 Adid