Current Attempt in Progress The following is information for Pina Colada Corp. for the year ended December 31, 2023: Sales revenue $1,100,000 Loss on inventory due to decline in net realizable value $71,000 Unrealized gain on FV-OCI equity 46,000 Loss on disposal of equipment 25.000 investments Interest income Cost of goods sold Selling expenses 5,000 Depreciation expense related to buildings omitted by mistake in 2022 53,000 660,000 Retained earnings at December 31, 2022 980,000 55,000 Loss from expropriation of land 56,000 Administrative expenses Dividend revenue 52,000 Dividends declared 43,000 18,000 The effective tax rate is 30% on all items. Pina Colada prepares financial statements in accordance with IFRS. The FV-OCI equity investments trade on the stock exchange. Gains/losses on FV-OCI investments are not recycled through net income. Prepare the retained earnings section of the statement of changes in equity for 2020. (List items that increase retained earnings first following the adjustment of prior years.) Concord Corp. Excerpt from Statement of Changes in Equity eTextbook and Media Prepare the journal entry to record the depreciation expense omitted by mistake in 2019. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit