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Blossom Company compiled the following financial information as of December 31, 2025: Service revenue $825000 Common stock 175000 Equipment 225000 Operating expenses 725000 Cash 200000
Blossom Company compiled the following financial information as of December 31, 2025:
Service revenue | $825000 |
Common stock | 175000 |
Equipment | 225000 |
Operating expenses | 725000 |
Cash | 200000 |
Dividends | 55000 |
Supplies | 30000 |
Accounts payable | 100000 |
Accounts receivable | 85000 |
Retained earnings, 1/1/2025 | 220000 |
Blossom's retained earnings balance on December 31, 2025 is
Select answer from the options below
A. $265000.
B. $220000.
C. $30000.
D. $320000.
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