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Dopey Company has retained earnings for $128,783 at January 1, 2020. They discovered an error in the 2017 financial statements. Revenue was mistakenly reported at

Dopey Company has retained earnings for $128,783 at January 1, 2020. They discovered an error in the 2017 financial statements. Revenue was mistakenly reported at $21,921 higher than it should have been. The company had a 20% tax rate. What is adjusted retained earnings at January 1, 2020 after accounting for the correction?

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