Current Attempt in Progress At January 1, 2020, Kingbird Company reported retained earnings of $2,130,000. In 2020, Kingbird discovered that 2019 depreciation expense was understated by $426,000. In 2020, net income was $903,000 and dividends declared were $300,000. The tax rate is 20% Prepare a 2020 retained earnings statement for Kingbird Company KINGBIRD COMPANY Retained Earnings Statement >