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Moving to another question will save this response Question 10 At the 1st January 2019, the amount of Retained earnings reported by Moon Corporation is

Moving to another question will save this response Question 10 At the 1st January 2019, the amount of Retained earnings reported by Moon Corporation is $2,700,000. During 2019, Moon Corporation id common stocks of 100 declared and paid cash dividends of $250,000, and declared share dividends of $585,000. The amount of net income of 2019 reported by Moon Corporation is $2,000,000 Moon Corporation was required to make a correction of overstatement of depreciation expenses in prior years of $510,000 (of) Required: How much was the retained earnings reported on 31st December, 20197 (Show year calculations). For the toolbar, press ALT+F10 (PC) or ALT FN-F10 (Mac) BIVS Paragraph Arial xx (1) C 3 10pt + 3 TT Ex A "NO

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