19 Leonard Corporation reports the following information: Correction of overstatement of depreciation...

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Accounting

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Leonard Corporation reports the following information: Correction of overstatement of depreciation expense in prior years, net of tax $ 430,000 Dividends declared 320,000 Net income 1,000,000 Retained earnings, 1/1/14, as reported 4,000,000 Leonard should report retained earnings, 12/31/14, at a. $3, 570,000. b. $4, 250,000. c. $4, 680,000. d. $5, 110,000.. Moorman corporation reports the following information

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