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Blossom Company compiled the following financial information as of December 31, 2022: Service revenue $1136000 Common stock 237000 Equipment 318000 Salaries and wages expense 392000

Blossom Company compiled the following financial information as of December 31, 2022:

Service revenue $1136000
Common stock 237000
Equipment 318000
Salaries and wages expense 392000
Rent expense 98000
Depreciation expense 490000
Cash 285000
Dividends 77000
Supplies 43000
Accounts payable 174000
Accounts receivable 125000
Retained earnings, 1/1/22 562000

Blossom's retained earnings balance at December 31, 2022 is:

A) $718000.

B) $598000.

C) $ 43000.

D) $641000.

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