申論題

3. (9 分)
DDD Company's net incomes for the past three years are presented below: 
During the 2019 year-end audit, the following transaction comes to your attention: DDD bought a truck on January 1, 2015 for $196,000 with a $16,000 estimated residual value and a six-year life. The company debited an expense account and credited cash on the purchase date for the entire cost of the asset. (DDD uses straight-line method for depreciation.)
Instructions

(d) Assume that the beginning retained earnings balance (unadjusted) for 2019 is $1,800,000 and that non-comparative financial statements are prepare(D)At what adjusted amount should this beginning retained earnings balance be stated?