The following information is available for Amos Company for the year ended December 31, 2017.
(1) Balance of retained earnings, December 31, 2016, prior to discovery of error, $869,000.
(2) Cash dividends declared and paid during 2017, $16,000.
(3) It neglected to record 2015 depreciation expense of $43,600, which is net of $6,000 in tax benefits.
(4) The company earned $214,000 in 2017 net income.
Prepare a 2017 statement of retained earnings for Amos Company.
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