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Business, 17.12.2019 04:31 Hfruit

The following information is available for amos company for the year ended december 31, 2017. balance of retained earnings, december 31, 2016, prior to the discovery of the error, $866,000. cash dividends declared and paid during 2017, $25,000. it neglected to record 2015 depreciation expense of $40,600, which is net of $7,200 in tax benefits. the company earned $216,000 in 2017 net income. prepare a 2017 statement of retained earnings for amos company.

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