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In 2018, due to a change in marketing forecasts, Barney Corporation reduced the projected life of its patent for producing round dice. The cumulative patent amortization prior to 2018 would have been $17
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In 2018, due to a change in marketing forecasts, Barney Corporation reduced the projected life of its patent for producing round dice. The cumulative patent amortization prior to 2018 would have been $17 million higher had the new life been used. Barney's tax rate is 35%. Barney's retained earnings as of December 31, 2018, would be:_______.

A. Overstated by $3 million.
B. Overstated by $10 million.
C. Unaffected.
D. Overstated by $7 million.

User JOpuckman
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I think the answer is a by 3 million
User Adrianmoya
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