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Given the following information for Smashville, Inc., construct an income statement for the year: Cost of goods sold: Investment income: Net sales: Operating expense: Interest

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Given the following information for Smashville, Inc., construct an income statement for the year: Cost of goods sold: Investment income: Net sales: Operating expense: Interest expense: Dividends: Tax rate: $169,000 $ 1,300 $282,000 $ 44,000 $ 7,400 $ 5,000 303 What are retained earnings for the year? (Input all amounts as positive values.) COS Retained earings

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