Statement of retained earnings. Use the data from the following financial statements in the popup window, E. The company paid interest expense of $18,000 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 to copy its contents into a spreadsheet.) Partial Income Statement Year Ending 2017 Sales revenue $350.2001 Cost of goods sold $141,8001 Fixed costs $42,900 Selling, general, and administrative expenses $28,000 Depreciation $45,900 (Click on the following icon in order to copy its contents into a spreadsheet.) Partial Balance Sheet 12/31/2016 ASSETS LIABILITIES Cash $16,200 Notes payable Accounts receivable $27,900 Accounts payable Inventories $47,800 Long-term debt Fixed assets $367,900 OWNERS' EQUITY Accumulated depreciation (-) $140,400 Retained earnings Intangible assets $81,800| Common stock $14,1001 $19,200 $190.100 $132,000 (Click on the following icon in order to copy its contents into a spreadsheet.) Partial Balance Sheet 12/31/2017 ASSETS LIABILITIES Cash $26,000 Notes payable Accounts receivable $18,900 Accounts payable Inventories $53,000 Long-term debt Fixed assets $448,000 OWNERS' EQUITY Accumulated depreciation (-) Retained earnings Intangible assets $82,100 Common stock $12,200 $24,1001 $162.000 $181,900 Print Done Enter your answer in the answer box and then click Check