Question: LedgerPro has retained earnings at 1 2 3 1 ? 2 0 2 3 of $ 5 5 0 , 0 0 0 . In

LedgerPro has retained earnings at 1231?2023 of $550,000. In 2024, LedgerPro has $350,000 in Net Income. Other information related to 2024 is below:
Purchase of Equipment in 2023 is recorded as Equipment Expense $60,000
In 2023, LedgerPro forgot to make the adjusting entry for Unearned Revenue - $120,000
Cumulative increase in income after LedgerPro switches from LIFO to FIFO - $23,000
Dividends declared but not paid - $25,000
Tax Rate -27%
What is ending retained earnings?
LedgerPro has retained earnings at 1231?2023 of $550,000. In 2024, LedgerPro

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