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I need help. Carter Company has the following information from its accounting records on December 31. $ 42200 Correction of previous year O Accumulated Depreciation

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Carter Company has the following information from its accounting records on December 31. $ 42200 Correction of previous year O Accumulated Depreciation O error, resulting in $ 23,600 additional income C Beginning Retained Earnings 227,000 O Net Income 130,000 O Cash Dividends Declared 38,540 O Income tax rate 35% O Cash Dividends Paid 34,211 Required:Prepare a statement of retained earnings on December 31. Carter Company Statement of Retained Earnings For Year Ended, December 31 Beginning Retained Earnings: $ 227,000 (Choose one) Adjusted Beginning Retained Earnings: 227,000 (Choose one) V Ending Retained Earnings $ 227,000

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