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The Retained Earnings for ABC Corporation at January 1, 2020 were $232,500. The corporation had 30,000 shares of common stock outstanding during the year 2020. During the year the following transactions occurred: A. The company discovered that it had mistakenly recorded the depreciation expense for 2019 as $22,000 while the correct amount was $23,000. 9. Declared and paid a cash dividend of $ 1.30 per share. c. Declared and distributed a 5% stock dividend when the market price was 513 per share. o Earned a net income of $ 180,000 Complete the below Retained Earnings Statement by filling up the blanks from the dropdown list ABC Corporation Retained Earnings Statement For the Year Ended December 31, 2020 Balance lanuary 1, reported $ 232.500 Correction of underment of Deprecnon pense Add: ABC Corporation Retained Earnings Statement For the Year Ended December 31, 2020 alance at January 1, as reported $ 232,500 Correction of understatement of Depreciation Expense Balance at January 1, as adjusted Add: Net Income Less: Cash Dividends Stock dividends Balance at December 31,2017