The following information is available for Sandhill Corporation: The company accountant, in preparing financial statements for the year ended December 31, 2024, has discovered the following information: The company's previous bookkeeper had recorded an excess of depreciation expense on a machine in 2022 and 2023 by using the double diminishing-balance method of depreciation. The bookkeeper neglected to use the straight-line method of depreciation, which is the company's policy. The cumulative effect of the error on prior years was $11,800. Depreciation was calculated by the straightline method in 2024. Sandhill's average tax rate is 22%. During 2024, Sandhill declared and paid cash dividends of $89.300. Calculate the impact on retained earnings. Calculate the impact on retained earnings. Retained earnings Question Part Score Prepare the statement of retained earnings for 2024. (List items that increase retained earnings first)