Question: Moving to another question will save this response. Question 12 Use the following information Net income $9,000 Prior period adjustment (error), overstatement of salary expense,

 Moving to another question will save this response. Question 12 Use

Moving to another question will save this response. Question 12 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 $1,000 Retained earnings beginning, as reported $2,000 Income tax rate 10% Compute the amount of retained earnings at the end of the year O A. $10,800 O B. $10,700 O 0.$9,000 O D. $12,800 A Moving to another question will save this response. - O Type here to search i be

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