The following information is available for the Ritchard Corportation: During the year, it was determined that depreciation expense of $50,000 was not recorded on the prior year income statement onsidered a significant amount so it is to treated as a prior period adjustment. INSTRUCTIONS: Prepare a Retained Earnings Statement for 2022 in proper form. roblem 6 he following information is available for the ABC Corporation on December 31,2022 : PreferredStock,$100parvalue,50,000sharesauthorized,10,000sharesissuedPaid-in-capitalinexcessofpar-PreferredStockCommonStock,$10parvalue,100,000sharesauthorized,50,000sharesissuedPaid-in-capitalinexcessofpar-CommonStockTreasuryStock,7,000sharespurchasedfor$10pershareRetainedEarnings$100,00050,000500,000100,00070,000220,000 INSTRUCTIONS: Prepare the Stockholders' Equity section of the Balance Sheet on December, 31, 2022 in proper form