The following information is from Amos Company for the current year ended December 31. a....
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The following information is from Amos Company for the current year ended December 31. a. Retained earnings at December 31 of the prior year (before discovery of an error) was $865,000. b. Amos discovered this year that it forgot to record depreciation expense of $51,600 (net of tax benefit) two years ago. c. Cash dividends declared and paid in the current year were $14,000 d. Reported $213,000 of net income in the current year. Prepare a statement of retained earnings for Amos Company for the current year. Note: Amounts to be deducted should be indicated with a minus sign
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