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Question 19 Leonard Corporation reports the following information: Comprehensive income, 2020 $ 750,000 Dividends declared, 2020 160.000 Net income for 2020 500,000 Retained earnings. 1/1/2020,

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Question 19 Leonard Corporation reports the following information: Comprehensive income, 2020 $ 750,000 Dividends declared, 2020 160.000 Net income for 2020 500,000 Retained earnings. 1/1/2020, as reported 1,200,000 Leonard should report retained earnings. December 31, 2020, at: $985,000. $1,325,000 $1.540.000. $1,755,000

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