Reported net income of $$102,000.$

Cash dividends of $$35,000$ declared and paid.

Tuscan discovered this year that it made a math error three years ago; to correct for this, $$14,000($net of tax$)$ must be added to the current year's beginning retained earnings balance.

Revised an estimate of a machine's salvage value. Depreciation increased by $$1,200$ per year.

Calculate the retained earnings balance at December $31$ of the current year.

Note: Amounts to be deducted should be indicated with a minus sign.

$\backslash$table$[[$TUSCAN INCORPORATED,$],[$Statement of Retained Earnings,$],[$For Current Year Ended December $31,],[,],[$Prior period adjustment,$],[,],[,],[,],[,]]$