The Dayton Corporation began the current year with a retained earnings balance of $12,195. During the year, the company corrected an error made in the prior year, which was a failure to record a depreciation expense of $3,933 on equipment. Also, during the current year, the company earned net income of $17.469 and declared cash dividends of $4,113. Compute the year end retained earnings balance. Select the correct answer. O$21,618 O$37,710 O$12,195 O $25,551