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The following information is from Amos Company for the year ended December 31, 2019. Retained earnings at December 31, 2018 (before discovery of error), $867,000.

The following information is from Amos Company for the year ended December 31, 2019.

  1. Retained earnings at December 31, 2018 (before discovery of error), $867,000.
  2. Cash dividends declared and paid during the year, $22,000.
  3. Two years ago, it forgot to record depreciation expense of $45,600 (net of tax benefit).
  4. The company earned $212,000 in net income this year.

Prepare a statement of retained earnings for Amos Company. (Amounts to be deducted should be indicated with a minus sign.)

prior period adjustment
$

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