Leonard Corporation reports the following information:Correction of overstatement of depreciation expense in prior years, net of tax exist 645,000 Dividends declared 480,000 Net income 1,500,000 Retained earnings, 1/1/17, as reported 6,000,000 Leonard should report retained earnings, 12/31/17, at exist5,355,000. exist6,375,000. exist7,020,000. exist7,665,000