Statement of retained earnings. Use the data from the following financial statements in the popup window, E. The company paid interest expense of $17,800 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.) (Click on the following icone in order to copy its contents into a spreadsheet.) Partial Income Statement Year Ending 2017 Sales revenue $350,2001 Cost of goods sold $141,900 Fixed costs $43,000 Selling, general, and administrative expenses $27,800 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 $16,000 Notes payable Accounts receivable $28,200 Accounts payable Inventories $48,000 Long-term debt Fixed assets $368,000 OWNERS' EQUITY Accumulated depreciation (-) $143,400 Retained earnings Intangible assets $82,200 Common stock (Click on the following icon in order to copy its contents into a spreadsheet.) Partial Balance Sheet 12/31/2017 ASSETS LIABILITIES Cash $26,100 Notes payable Accounts receivable $19,000 Accounts payable Inventories $52,800 Long-term debt Fixed assets $448,200 OWNERS' EQUITY Accumulated depreciation (-) Retained earnings Intangible assets $81,800 Common stock $13,900 $18,9001 $190,100 $131,800 $12,000 $24,200 $162,200 $182,000