Question 17 4p Wildhorse Corporation has retained earnings of $857,000 at January 1, 2020. Net income during 2020 was $1,510,000, and cash dividends declared and paid during 2020 totaled $82,000. In addition, an error was discovered: land costing $97,000 (net of tax) was charged to maintenance and repairs expense in 2019. Determine the ending retained earnings balance for the year ended December 31, 2020. O $2.285.000 $2,188,000 O $2,270.000 O $2,382,000 Question 18 4 pts Which of the following would be considered a change in accounting principle? A) A change from the LIFO method to the FIFO method of inventory valuation B) A change from the Double-Declining-Balance method to the Straight-line Depreciation method for depreciating factory equipment C) A change in the method used to recognize revenue following the adoption of a new accounting standard O A and 80 GOO FT 808 00 DU 13 Db 59 e FS F6 @ $ % A & * 2 3 4 5 6 7 8 9 0 147