Dayton Corporation began the current year with a retained earnings balance of $12,519, During the year, the company corrected an error made in the prior year, which was a failure to record depreciation expense of $3,241 on a piece of equipment. Also, during the current year, the company earned net income of $14,130 and declared cash dividends of $5,699. Compute the year-end retained earnings balance. a $35,589 Ob. $12,519 Oc. $20,950 d. $17,709