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The following information appears for Celine Dion, Inc. Prepare (in good form) a statement of retained earnings for Celine Dion, Inc., for the year ended

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The following information appears for Celine Dion, Inc. Prepare (in good form) a statement of retained earnings for Celine Dion, Inc., for the year ended December 31, 2020. Understatement of depreciation expense from prior years $ 1.160,000 Unrealized holding gain on available-for-sale 450.500 securities Dividends declared - Common 980,000 Net Income 5,500,000 Retained earnings, 1/1/20, as reported 8.000.000 25% Income tax rate

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