Statement of retained earnings. Use the data from the following financial statements in the popup window. The company paid interest expense of $18,300 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.

A) The distributed earnings is $

B) The statement of retained earnings for 2017 is $

i 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 $350,100 $142,000 Fixed costs $43,000 Selling, general, and administrative expenses Depreciation $28,200 $46,200 (Click on the following icon in order to copy its contents into a spreadsheet.) Partial Balance Sheet 12/31/2016 ASSETS LIABILITIES Cash $16,000 Notes payable Accounts receivable $27,900 Accounts payable Inventories $48,100 Long-term debt Fixed assets $367,800 OWNERS' EQUITY Accumulated depreciation (-) $143,600 Retained earnings Intangible assets $81,800 Common stock $14,000 $19,100 $190,000 $132,000 (Click on the following icon in order to copy its contents into a spreadsheet.) Partial Balance Sheet 12/31/2017 LIABILITIES ASSETS Cash Accounts receivable $12,000 $23,800 $162,200 Inventories $26,200 Notes payable $18,900 Accounts payable $53,200 Long-term debt $448,100 OWNERS' EQUITY Retained earnings $82,100 Common stock Fixed assets Accumulated depreciation (-) Intangible assets $181,900