Blue Lagoon Corporation provides low-cost food delivery services to senior citizens. At the end of the year on December 31 , 2024 , the company reports the following amounts: In addition, the company had common stock of $29,000 at the beginning of the year and issued an additional $2,900 during the year. The company also had retained earnings of $13,900 at the beginning of the year: Blue Lagoon Corporation provides low-cost food delivery services to senior citizens. At the end of the year on December 31 , 2024 , the company reports the following amounts: In addition, the company had common stock of $29,000 at the beginning of the year and issued an additional $2,900 during the year. The company also had retained earnings of $13,900 at the beginning of the year