Below is the Retained Earnings account for the year 2012 for Acadian Corp.

Retained earnings, January 1, 2012				$258,055
Add:
Gain on sale of investments (net of tax)		$41,655
Net income		84,955
Refund on litigation with government, related to the year 2009
(net of tax)		22,055
Recognition of income earned in 2011, but omitted from income
statement in that year (net of tax)		25,855		174,520
				432,575
Deduct:
Loss on discontinued operations (net of tax)		35,455
Write-off of goodwill (net of tax)		60,455
Cumulative effect on income of prior years in changing from
LIFO to FIFO inventory valuation in 2012 (net of tax)		23,655
Cash dividends declared		32,455		152,020
Retained earnings, December 31, 2012				$280,555

Prepare a corrected retained earnings statement. Acadian Corp. normally sells investments of the type mentioned above. FIFO inventory was used in 2012 to compute net income. (List items that increase retained earnings first.)