Presented below is information related to Stellar Corp. for the year 2017 income statement and reatined earning

Net sales		$1,307,700		Write-off of inventory due to obsolescence		$84,810
Cost of goods sold		783,400		Depreciation expense omitted by accident in 2016		44,900
Selling expenses		70,400		Casualty loss		46,800
Administrative expenses		57,500		Cash dividends declared		41,910
Dividend revenue		24,700		Retained earnings at December 31, 2016		1,018,730
Interest revenue		7,450		Effective tax rate of 34% on all items