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BLOSSOM COMPANY Income Statement Revenues $61,500 Depreciation expense (e) Salaries and wages expense Interest expense 11,500 1,800 $26,400 Net income BLOSSOM COMPANY Retained Earnings Statement

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BLOSSOM COMPANY Income Statement Revenues $61,500 Depreciation expense (e) Salaries and wages expense Interest expense 11,500 1,800 $26,400 Net income BLOSSOM COMPANY Retained Earnings Statement Beginning retained earnings $ (f) Add: Net income (g) Less: Dividends 5,000 $36,400 Ending retained earnings

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