need the answer asap

PART VII: Corporations: Retained Earnings and the Income Statement 6 marks Lankin Concrete Products Ltd., reported the correction of an error made in the year ended December 31, 2017. An inventory error caused net income of the prior year to be overstated by S50,000. Retained earnings at January 1, 2017, as previously reported, stood at $2,408,000. Net income for the year was $448,000 and dividends were $61,000. Required: Prepare the company's statement of retained earnings for the year ended December 31, 2017