Use the data from the following financial statements in the popup window,

The company paid interest expense of $18,200 for 2014 and had an overall tax rate of 40% for 2014. Complete the statement of retained earnings for 2014, and determine the dividends paid last year.

Partial Income Statement Year Ending 2014
Sales revenue	$350,200
Cost of goods sold	$141,800
Fixed costs	$43,200
Selling, general, and administrative expenses	$28,000
Depreciation	$45,800

Partial Balance Sheet 12/31/2013
ASSETS		LIABILITIES
Cash	$15,900	Notes payable	$14,000
Accounts receivable	$28,100	Accounts payable	$18,900
Inventories	$48,200	Long-term debt	$189,900
Fixed assets	$367,800	OWNERS' EQUITY
Accumulated depreciation (-)	$141,500	Retained earnings
Intangible assets	$82,200	Common stock	$131,900

Partial Balance Sheet 12/31/2014
ASSETS		LIABILITIES
Cash	$26,000	Notes payable	$12,200
Accounts receivable	$19,200	Accounts payable	$23,800
Inventories	$52,800	Long-term debt	$162,000
Fixed assets	$448,000	OWNERS' EQUITY
Accumulated depreciation (-)		Retained earnings
Intangible assets	$82,100	Common stock	$181,800