Moving to the next question prevents changes to this answer Question 2 Question 2 of 36 2 points Save Answer Lina Company purchased equipment that cost $810,000 on January 1, 2017. The entire cost was recorded as an expense. $54,000 residual value and the company uses straight-line method for the deprecation. The error was discovered on December 20, 2019. Ignore income tax considerations. Before the correction is made, and before the books were closed on December 31, 2019, retained earnings OA overstated by $726,000. OB understated by $642,000 OC overstated by $558,000. OD understated by $810,000 The equipment has a nine-year sfe and a was