Eddie Corporation began operations on January 1, 2017. During its first 3 years of operations, it reported net income and declared dividends as follows. Net incomeDeclared dividends2014$40,000$02015125,00050 ,0002016160,00050,000The following information relates to 2017.Income before income tax$240,000Prior period adjustment: understatement of 2015 depreciation expense (before taxes) $ 25,000Cumulative decrease in income from change in inventory methods (before taxes)
35,000Dividends declared (of this amount, $25,000 will be paid on Jan. 15, 2018)
$100,000Effective tax rate 40%Prepare a 2017 retained earnings statement for Eddie Zambrano Corporation.

Nicholas believes that everyone deserves a second chance, even those who get in trouble with the law. that is why he wants to be a probation officer. which educational path will most likely lead to his success? a. he should enroll in a certification program at a career college and seek a job with someone in the field. b. he should enroll in an associate’s degree program at a vocational school and seek an internship with a bailiff in a courtroom. c. he should enroll in a graduate program at a law school and spend time with a corrections officer at a jail. d. he should enroll in a bachelor’s degree program at a university and seek an apprenticeship with someone in the field.