Use the data from the following financial statements in the popup window, The company paid interest expense of $18,900

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 ??? <-----(PLEASE ANSWER THIS)

Partial Income Statement Year Ending 2017
Sales revenue	$349,900
Cost of goods sold	$141,900
Fixed costs	$42,800
Selling, general, and administrative expenses	$27,900
Depreciation	$46,200

Partial Balance Sheet 12/31/2016
ASSETS		LIABILITIES
Cash	$15,800	Notes payable	$14,000
Accounts receivable	$28,000	Accounts payable	$18,900
Inventories	$48,200	Long-term debt	$190,000
Fixed assets	$368,100	OWNERS' EQUITY
Accumulated depreciation (-)	$142,800	Retained earnings
Intangible assets	$81,800	Common stock	$131,900

Partial Balance Sheet 12/31/2017
ASSETS		LIABILITIES
Cash	$26,000	Notes payable	$12,000
Accounts receivable	$19,200	Accounts payable	$23,800
Inventories	$53,200	Long-term debt	$161,900
Fixed assets	$448,200	OWNERS' EQUITY
Accumulated depreciation (-)		Retained earnings
Intangible assets	$81,800	Common stock	$182,000