astion 1 Tsul Corporation has retained earnings of $675,000 at January 1, 2015. Net Income during 2015 was $1,400 costing $80,000 (net of tax) was charged to repairs expense in 2014. Required: How much is the adjusted retained earnings balance at 1st January 2015. uring 2015 was $1,400,000, and cash dividends declared and paid during 2015 testad 75.00 15 totaled $75,000.. Assume an error was discovered: Land Moving to another question will save Top Question 1 Tsul Corporation has retained earnings of $675,000 at January 1, 2015. Net Income during 2 costing $80,000 (net of tax) was charged to repairs expense in 2014. 1 st January 2015. Required: How much is the adjusted retained earnings balance at