Blossom Limited began the year with common shares of $102,000 and retained earnings of $484,500. During the year, it issued an additional $51,000 of common shares, reported net income of $76,500, and declared dividends of $15,300. (a) Calculate the ending balances of (1) common shares, (2) retained earnings, and (3) total shareholders' equity. Ending Balance Common shares Retained earnings Total shareholders' equity eTextbook and Media Save for Later Attempts: 0 of 2 used Submit Answer