Multiple Choice Question 83 Oriole Company reports the following information: Correction of overstatement of depreciation expense in prior years, net of tax $ 646000 Dividends declared 488000 Net income 1493000 Retained earnings, 1/1/17, as reported 5920000 Oriole should report retained earnings, 12/31/17, at $7571000. $5274000. $6279000. $6925000. Multiple Choice Question 87 For the year ended December 31, 2017, Pharoah Company reported the following: Net income $295000 Preferred dividends declared 50600 Common dividend declared 9800 5000 408000 Unrealized holding loss, net of tax Retained earnings Common stock Accumulated Other Comprehensive Income, Beginning Balance 209000 24000 What would Pharoah report as its ending balance of Accumulated Other Comprehensive Income? $19000 $5000 $29000 $24000