Statement of retained earnings. Use the data from the following financial statements in the popup window, The company paid interest expense of $18,400 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.) Activate Windows Enter your answer in the answer box and then click Check Answer. Go to Settings to activate Windows. part remaining Clear All Check Answer 1:49 AM 1 a 4)) ENG 1. 12/11/2019 low (Click on the following icon e in order to copy its contents into a spreadsheet.) ar. Partial Income Statement Year Ending 2017 Sales revenue $350,200 $141,900 Cost of goods sold Fixed costs $43,100 Selling, general, and administrative expenses $28,200 $45,800 Depreciation (Click on the following icon a in order to copy its contents into a spreadsheet.) Partial Balance Sheet 12/31/2016 ASSETS LIABILITIES $15,900 Notes payable $14,100 Cash $28,100 Accounts payable $19,000 Accounts receivable $189,800 $48,200 Long-term debt Inventories $367,900 OWNERS' EQUITY Fixed assets Accumulated depreciation (-) $143,200 Retained earnings ck Print Done Data Table llow $15,900 Notes payable $14,100 Cash llar. Accounts receivable $28,100 Accounts payable $19,000 $48,200 Long-term debt $189,800 Inventories $367,900 OWNERS' EQUITY Fixed assets Accumulated depreciation (-) $143,200 Retained earnings $82,100 Common stock Intangible assets $131,800 in order to copy its contents into a spreadsheet.) (Click on the following icon Partial Balance Sheet 12/31/2017 ASSETS LIABILITIES Cash $12,100 $26,000 Notes payable $23,900 $18,900 Accounts payable Accounts receivable $52,800 Long-term debt $162,000 Inventories $448,100 OWNERS' EQUITY Fixed assets Accumulated depreciation (-) Retained earnings $82,100 Common stock Intangible assets $182,000 eck Print Done Clear All