Question: A Moving to another question will save this response. Question 17 Use the following information Net income $9,000 Prior period adjustment (error), overstatement of salary

 A Moving to another question will save this response. Question 17

A Moving to another question will save this response. Question 17 Use the following information Net income $9,000 Prior period adjustment (error), overstatement of salary expense, (before taxes) $2,000 Cumulative increase in income from change in inventory method, (after of taxes) $ 1,000 Dividends declared and paid Retained earnings beginning, as reported $1,000 $2,000 Income tax rate 10% Compute the amount of retained earnings at the end of the year O A. $9,000 B. $12,800 O C.$10,800 OD. $10,700 Moving to another question will save this response

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