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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 $17,500 for 2017

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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 $17,500 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. The distributed earnings is $ (Round to the nearest dollar.) Data table (Click on the following icon in order tn canw its contente inte a snraadehent.) (Click on the following icon in order to cnev its contents into a soreadeheet.)

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