1&2

\ Question 13, B2-9\ HW Score:

85.36%,11.95

of 14\ (book/static)\ points\ Part 1 of 2\ Points: 0 of 1\ Statement of retained earnings. Use the data from the following financial statements in the popup window, The company paid interest expense of

$18,000

for 2017 and had an overall tax rate of

40%

for 2017 . Complete the statement of retained earnings for 2017 and determine the dividends paid last year.\ The distributed earnings is

$

. (Round to the nearest dollar.)

Statement of retained earnings. Use the data from the following financial statements in the popup window, The company paid interest expense of $18,000 for 2017 and had an overall tax rate of 40% for 2017 . Complete the statement of retained earnings for 2017 and determine the dividends paid last year. The distributed earnings is $ (Round to the nearest dollar.) Statement of retained earnings. Use the data from the following financial statements in the popup window, The company paid interest expense of $18,000 for 2017 and had an overall tax rate of 40% for 2017 . Complete the statement of retained earnings for 2017 and determine the dividends paid last year. The distributed earnings is $ (Round to the nearest dollar.)