Moorman Corporation reports the following information:

Correction of understatement of depreciation expense in prior years, net of tax

Dividends declared

Net income

Retained earnings, $\frac{1}{1}\frac{?}{20},$ as reported

$$1,290,000$

$960,000$

$3,000,000$

$6,000,000$

Moorman should report retained earnings, $\frac{12}{31}\frac{?}{20},$ at

a$.$ $$4,710,000.$

b$.$ $$6,750,000.$

c$.$ $$8,040,000.$

d$.$ $$9,330,000.$