Current Attempt in Progress Sunland Company reports the following information: Correction of understatement of depreciation expense in prior years, net of tax Dividends declared Net income Retained earnings, 1/1/20, as reported $ 1300000 956000 2830000 5850000 Sunland should report retained earnings, 12/31/20, at O $7724000. O $4550000. O $6424000. O $9024000