Help on question 4, parts 1 and 2

Statement of retained earnings. Use the data from the following financial statements in the popup window, BE . The company paid interest expense of $17,200 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. - X Data table The distributed earnings is $ (Round to the nearest dollar 4 (Click on the following icon ( in order to copy its contents into a spreadsheet.) Partial Income Statement Year Ending 2017 Sales revenue $350, 100 Cost of goods sold $ 141.900 Fixed costs $42,900 Selling, general, and administrative expenses $28.000 Depreciation $46,000 Click on the following icon [ in order to copy its contents into a spreadsheet.) Partial Balance Sheet 12/31/2016 ASSETS LIABILITIES Cash $15,900 Notes payable $14, 100 Accounts receivable $28 200 Accounts payable $19,000 Inventories $48,000 Long-term debt $189,800 Fixed assets $367 900 OWNERS' EQUITY Accumulated depreciation (-) $142,900 Retained earnings Intangible assets $82 200 Common stock $131,900