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Question 4 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

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Question 4 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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