Blossom Company started the year with $60300 in its Common Stock account and a balance in Retained Earnings of $43600. During the year, the company earned net income of $48600 and declared and paid $20500 of dividends. In addition, the company sold additional common stock amounting to $27500. As a result, the amount of its retained earnings at the end of the year would be

$131400.

$101900.

$159500.

$71700.