At december 31, year 1, eagle corp. reported $1,750,000 of appropriated retained earnings for theconstruction of a new office building, which was completed in year 2 at a total cost of $1,500,000. in year 2, eagle appropriated $1,200,000 of retained earnings for the construction of a new plant. also, $2,000,000 of cash was restricted for the retirement of bonds due in year 3. in its year 2 balance sheet, eagle should report what amount of appropriated retained earnings? a. $1,200,000 b. $1,450,000 c. $2,950,000 d. $3,200,000