Below is the Retained Earnings account for the year 2017 for Pina Corp.

Retained earnings, January 1, 2017				$258,100
Add:
Gain on sale of investments (net of tax)		$41,700
Net income		85,000
Refund on litigation with government, related to the year 2014 (net of tax)		22,100
Recognition of income earned in 2016, but omitted from income statement in that year (net of tax)		25,900		174,700
				432,800
Deduct:
Loss on discontinued operations (net of tax)		35,500
Write-off of goodwill (net of tax)		60,500
Cumulative effect on income of prior years in changing from LIFO to FIFO inventory valuation in 2017 (net of tax)		23,700
Cash dividends declared		32,500		152,200
Retained earnings, December 31, 2017				$280,600

(a) Prepare a corrected retained earnings statement. Pina Corp. normally sells investments of the type mentioned above. FIFO inventory was used in 2017 to compute net income. (List items that increase retained earnings first.)