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please do it correctly and do it so that it fills every single box. Current Attempt in Progress On January 1,2024, Sheridan Corporation had retained

please do it correctly and do it so that it fills every single box. image text in transcribed
image text in transcribed
Current Attempt in Progress On January 1,2024, Sheridan Corporation had retained earnings of $630,000. During the year. Sheridan had the following selocted transactions: 1. Declared and paid cash dividends, $259,000. 2. Earned proht hefore income tax $810,000. 3. Corrected a prior period error of $87,000, before income tax, which resulted in an understatement of profit in 2023 . 4. Reacquired 30,000 common shares for $54,000 more than the original issue price. This was the first time the company had ever reacquired its own shares. 5. Completed a 3 for-1 stock split of the common shares. Sheridan has a 25% income tax rate and reports under ASPE. Prepare astaitement of retained earnings for the year ended December 31, 2024. (List items that increase odjusted retained earnings fint)

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