Cook Company has the following information from its accounting records on December 31. O Accumulated Depreciation $ 23900 Correction of previous year O error, resulting in $36,300 additional income Net Income 120,000 244,000 Beginning Retained Earnings O Cash Dividends Declared 35,881 . Income tax rate 39% O Cash Dividends Paid 37,188 Required: Prepare a statement of retained earnings on December 31. Cook Company Statement of Retained Earnings For Year Ended, December 31 Beginning Retained Earnings: $ 244,000 (Choose one) Adjusted Beginning Retained Earnings: 244,000 (Choose one) Ending Retained Earnings $ 244,000