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Carla Vista Co. reports the following information: Correction of overstatement of depreciation expense in prior years, net of tax $ 643000 Dividends declared 474000 Net

Carla Vista Co. reports the following information:

Correction of overstatement of depreciation expense
in prior years, net of tax $ 643000
Dividends declared 474000
Net income 1511000
Retained earnings, 1/1/20, as reported 5910000

Carla Vista should report retained earnings, 1/1/20, as adjusted at

$5910000

$6553000.

$7590000.

$5267000.

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