Question 2: (Bl& Cl&D3) (5 points) Karim Company prepared the statement of retained earnings at the end of the each year, On 31/12/2015 the accountant maid a calculation error which overstated the ending balance of 2018 by $12,000. At the end of 2019 while preparing the retained earnings he discovered his error Instruction: Prepare Retained Earnings Statement at the end of the current year if the net income was $20,000; dividends $5,000 and the beginning balance of retained earnings was $20,000 Answer of Question 2