Statement of retained earnings. Use the data from the following financial statements in the popup window, . The company paid interest expense of $18,600 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. \begin{tabular}{|l|r|} \hline \multicolumn{2}{|c|}{ Partial Income Statement Year Ending 2017} \\ \hline Sales revenue & $349,900 \\ \hline Cost of goods sold & $141,900 \\ \hline Fixed costs & $43,200 \\ \hline Selling, general, and administrative expenses & $27,900 \\ \hline Depreciation & $46,000 \\ \hline \end{tabular} \begin{tabular}{|l|r|l|r|} \hline \multicolumn{4}{|c|}{ Partial Balance Sheet 12/31/2017 } \\ \hline ASSETS & & LIABILITIES & \\ \hline Cash & $25,900 & Notes payable & $11,900 \\ Accounts receivable & $19,000 & Accounts payable \\ Inventories & $53,000 & Long-term debt & $23,800 \\ \cline { 3 - 5 } Fixed assets & $448,200 & OWNERS' EQUITY & $162,200 \\ \cline { 3 - 5 } Accumulated depreciation (-) & & Retained earnings & \\ Intangible assets & $81,900 & Common stock & \\ \hline \end{tabular}