kahlan opinions survey had beginning retained earnings of $24,600. During the year the company reported sales of $105,700 cost of $78,300, depreciation of $9,000 dividends of $1,200 and interest paid of $635. The tax rate was 21%. What is the retained earnings balance at the end of the year?

1.$35,835.50

2.$36,082.15

3.$36,121.44

4.$37,671.44

5.$37,434