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 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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