Marigold Corporation prepares financial statements in accordance with ASPE. At January 1, 2020, the company had retained earnings of $1,350,000. In 2020, net income was $336,000, and cash dividends of $ 50.000 were declared and paid. Prepare a statement of retained earnings for Marigold Corporation, assuming that in 2020, Marigold discovered that it had overstated 2017 depreciation by $ 31,000 (net of tax of $17,000). (List items that increase retained earnings first.)