Metlock Corporation has retained earnings of $ 681,500 at January 1, 2020. Net income during 2020 was $ 1,434,800, and cash dividends declared and paid during 2020 totaled $ 81,300. Prepara retained earnings statement for the year ended December 31. 2020. Assume an error was discovered: land costing $ 88,800 (nette tax) was charged to maintenance and repairs expense in 2019. (List Items that increase retained earnings first) METLOCK CORPORATION Retained Earnings Statement $