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Question 2 23 points At the 1st January 2019, the amount of Retained earnings reported by Moon Corporation is $2,500,000. Daring 2019, Moon Corporation common stocks if $750,000, declared and paid cash dividends of $140,000, and declared share dividends of $320,000. The amount of net some of 2019 reported by Moon Corporatin $1,000,000. Moon Corporation was required to make a correction of understatement of depreciation expenses in prior years of $430,000 (x) Required: How much was the retained earnings reported on 31st December, 2019? (Show your calculations). For the toolbar, press ALT+F10 (PC) or ALT+FN-F10 (Mac)