Statement of retained earnings. Use the data from the following financial statements in the popup window, retained earnings for 2017, and determine the dividends paid last year. The distributed earnings is $ (Round to the nearest dollar.) The company paid interest expense of $18,600 for 2017 and had an overall tax rate of 40% for 2017. Complete the statement of (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 $350,200 $142,000 $43,200 $28,000 $46,100 ASSETS Cash Accounts receivable Inventories Fixed assets Accumulated depreciation (-) Intangible assets Partial Balance Sheet 12/31/2016 LIABILITIES $16,000 Notes payable $28,000 Accounts payable $48,100 Long-term debt $368,100 OWNERS' EQUITY $142,700 Retained earnings $81,800 Common stock $14,100 $19,000 $189,900 $132,000 ASSETS Cash Accounts receivable Inventories Fixed assets Accumulated depreciation (-) Intangible assets Partial Balance Sheet 12/31/2017 LIABILITIES $26,200 Notes payable $18,800 Accounts payable $52,800 Long-term debt $448,000 OWNERS' EQUITY Retained earnings $82,000 Common stock $12,000 $23,900 $161,800 $181,800