Question: Moving to another question will save this response. Question 10 At the 1 January 2019, the amount of Retained earnings reported by Moon Corporation in

Moving to another question will save this response. Question 10 At the 1 January 2019, the amount of Retained earnings reported by Moon Corporation in $2,700,000. During 2019, Moon Corporation ismed common stocks of 1980.000, decland and paid cash dividends of $250,000, and declared share dividends of $585,000. The amount of net income of 2019 reported try Mios Corporation is $2.000.000. Maos Corperatses wan required to make a correction of overstatement of depreciation expenses in prior years of $510.000 (net of tax) Required: How much was the retained earnings reported on 31 December, 2019? (Show your calculations). For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mack BIUS Paragraph Arial xx 8x The 10pt AV4 Clear formatting r

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