I need help.

Adams Company has the following information from its accounting records on December 31. Correction of previous year O Accumulated Depreciation $ 41800 O error, resulting in $ 31,600 additional income Beginning Retained Earnings 305,000 O Net Income 300,000 O Cash Dividends Declared 83,940 O Income tax rate 48% O Cash Dividends Paid 62,014Required: Prepare a statement of retained earnings on December 31. Adams Company Statement of Retained Earnings For Year Ended, December 31 Beginning Retained Earnings: $ 305,000 (Choose one) Adjusted Beginning Retained Earnings: 305,000 (Choose one) Ending Retained Earnings $ 305,000