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Statement of retained earnings. Use the data from the following financial statements in the popup window. The company paid interest expense of $17 900 for
Statement of retained earnings. Use the data from the following financial statements in the popup window. The company paid interest expense of $17 900 for 2017 and had an overall tax rate of 40% for 2017. Complete the statement of retained earnings for 2017, and datermine the didenda pad last year The distributed earrings is $ 29,940 (Round to the nearest dollar.) Data table Complete the statement of retained carnings: (Round to the nearest dollar.) Statement of Retained Earnings Year Ending December 31, 2017 Beginning balance Add relincome S Subtract dividends S si Ending balance SI Partial Income Statement Year Ending 2017 Sales revenue S350, 100 Cost of goods sold $141,900 . Fixed on $42,800 Saling general, and administrative expenses $28,000 Depreciation $46,100 (Click on the following icon in arder to copy its contents into a spreadsheet.) Partial Balance Sheet 12/31/2016 ASSETS Cash Accounts receivable LIABILITIES $15,201 Notes payabio $27,800 Accounts payable $48,109 Long-term debt $13,000 318,8001 S189,800 Inventories Fixed assets $267.900 OWNERS' EQUITY Accumulated depreciation - Intangible 88 sets $142,100 Retained earnings $82,100 Common stock Talking: Edwin Zen 5132,000 (Click on the following icon in order to copy its contents into a spreadsheet. Partial Balance Sheet 12/31/2017 ASSETS Cash Accounts receivable LIABILITIES $25,000 Notes payable $19.000 Accounts payable $52,900 Long-term debt $447,900 OWNERS' EQUITY Ratinad earrings $82.200 Common stock S11,800 $24.200 S162,200 Inventorias Fixed Assets Accumulated depreciaton (-) Intangible assets $181.900 View instructor tip Help me solve this Get more held Check
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