errors, for beth fnancial reoortind and income tax repeting durhg 2015 1 Cepreciason expense of 15 , 000 isatverlemby had beet recorded twice for the sate nachine 2516 Required: the Petained Earnings account General Ledger Adotionglinitractiont fcount on Decenter 32 Balance Sheet Pr 1 Retained Eamings, as Previousty Reported, January 1, 2016 Ac 7 Pilor Periad Adjusunents: 3 correction of overstatement in 2015 Depreciation 4. Correction of Understatement in 2015 tnterest 5. Adfusted Retained Eamings, lanuary 1, 2016 6. Add: Net incone 17 1 Les: Gash Dividends 3 Y Retained Earnings, December 31, 2016 errors, for beth fnancial reoortind and income tax repeting durhg 2015 1 Cepreciason expense of 15 , 000 isatverlemby had beet recorded twice for the sate nachine 2516 Required: the Petained Earnings account General Ledger Adotionglinitractiont fcount on Decenter 32 Balance Sheet Pr 1 Retained Eamings, as Previousty Reported, January 1, 2016 Ac 7 Pilor Periad Adjusunents: 3 correction of overstatement in 2015 Depreciation 4. Correction of Understatement in 2015 tnterest 5. Adfusted Retained Eamings, lanuary 1, 2016 6. Add: Net incone 17 1 Les: Gash Dividends 3 Y Retained Earnings, December 31, 2016