Nelson Corporation mistaken recorded a $200,000 purchase of land in 2014 by incorrectly debiting the Landscaping Expense account in 2014. This error is discovered in 2016. This error is corrected by:

Question 6 options:

A)	showing a prior period adjustment on the 2015 Statement of Retained Earnings.

B)	showing a prior period adjustment on the 2016 Income Statement.

C)	showing a prior period adjustment on the 2014 Statement of Retained Earnings.

D)	showing a prior period adjustment on the 2016 Statement of Retained Earnings.

E)	showing a current period adjustment on the 2016 Income Statement.