Use the percent-of-sales method to prepare a pro forma income statement for the year ended December 31, 2020, for Saw Lumber, Inc. Saw Lumber, Inc. estimates that its sales in 2020 will be $4,500,000. Interest expense is to remain unchanged at $105,000 and the firm plans to pay cash dividends of $150,000 during 2020. The income statement for the year ended December 31, 2019 is shown below. Income Statement Saw Lumber, Inc. For the Year Ended December 31, 2019 Sale revenue $4,200,000 Less: Cost of goods sold 3,570,000 Gross profits 630,000 Less Operating expenses 210,000 Operating profits 420,000 Less: Interest expense 105,000 Net income before taxes 315,000 Less: Taxes (40%) 126,000 Net income after taxes 189,000 Less: Cash dividends 120,000 To: Retained earnings 69,000 Based on your calculations, how is the accumulated retained earnings account on the pro forma balance sheet projected to change between 2019 and 2020? O A. Decrease by $57,000 from the prior year. B. Decrease by $52,500 from the prior year. C. Increase by $57,000 from the prior year. D. Increase by $52,500 from the prior year