Presented below is information related to Pearl Corp. for the year 2017.

Net sales		$1,385,200		Write-off of inventory due to obsolescence		$82,320
Cost of goods sold		785,900		Depreciation expense omitted by accident in 2016		48,800
Selling expenses		69,400		Casualty loss		54,100
Administrative expenses		51,600		Cash dividends declared		41,270
Dividend revenue		25,900		Retained earnings at December 31, 2016		988,070
Interest revenue		7,360		Effective tax rate of 34% on all items

Prepare a separate retained earnings statement for 2017. (List items that increase adjusted retained earnings first.