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please solve, all of the information is provided see the chart data table to solve for the distributed earnings. . The company paid interest expense
please solve, all of the information is provided see the chart "data table" to solve for the distributed earnings.
. The company paid interest expense of $18,700 for Statement of retained earnings. Use the data from the following financial statements in the popup window, 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. D. (Round to the nearest dollar.) The distributed earnings is $ Data table (Click on the following icon in order to copy its contents into a spreadsheet.) Partial Income Statement Year Ending 2017 Sales revenue Cost of goods sold Fixed costs Selling, general, and administrative expenses Depreciation (Click on the following icon in order to copy its contents into a spreadsheet.) $350,200 $141,800 $42,900 $27,800 $46,200 ASSETS Cash Accounts receivable Inventories Fixed assets Accumulated depreciation (-) Intangible assets Partial Balance Sheet 12/31/2016 LIABILITIES $15,900 Notes payable $28,100 Accounts payable $48,000 Long-term debt $368,000 OWNERS' EQUITY $143,400 Retained earnings $81 ,800 Common stock (Click on the following icon in order to copy its contents into a spreadsheet.) ASSETS Cash Accounts receivable Inventories Fixed assets Accumulated depreciation (-) Intangible assets Partial Balance Sheet 12/31/2017 LIABILITIES $25,900 Notes payable $19,100 Accounts payable $52,800 Long-term debt $448,100 OWNERS' EQUITY Retained earnings $82,200 Common stock $13,800 $18,900 $190,200 $131,900 $12,100 $23,800 $161,900 $181,900 print Done
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