The Dayton Corporation began the current year with a retained earnings balance of $19,324. During the year, the company corrected an error made in the prior year, which was a failure to record a depreciation expense of $3,271 on equipment. Also, during the current year, the company earned net income of $17,186 and declared cash dividends of $6,728. Compute the year-end retained earnings balance. Oa. $26,511 Ob. $19,324 Oc. $29,782 Od. $46,509