Given the following information for Smashville, Inc., construct an income statement for the year:
Cost of goods sold	200000
investments income	2700
Net sales	333000
operating expense	47000
interest expense	7400
dividends	16000
tax rate	35.00%
What are retained earnings for the year? (Input all amounts as positive values. Omit the "$" sign in your response.)
Sales
Cost of goods sold
Gross Profit
Operating expense
Operating income
investmetns income
investments expense
Pretax income
income taxes
Net income
Divendes
Retained earingind