Tuscan Inc.had a Retained earnings balance of $60,000 at Desember 31,2018.During the year, Tuscan had the following selected transactions. Calculate the Retained earning balance at December 31,2019. Reported net income of $100.000 Revised an estimate of a machine's salvage value. Depreciation increased by $1,000 per year. An error was discovered. Tree years ago, a purchase of a building was incorrectly expense. The effect in understand Retained earnings of $12,000( net of tax benefit). Paid cash dividend of $33,000.