Bonita Corporation has retained earnings of $679.700 at January 1, 2020. Net income during 2020 was $1,641,700, and cash dividends declared and paid during 2020 totaled $81.700. Prepare a retained earnings statement for the year ended December 31. 2020. Assume an error was discovered: land costing $86,300 (net of tax) was charged to maintenance and repairs expense in 2019. [List items that increase retained earnings first.) BONITA CORPORATION Retained Earnings Statement