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can you please help me finish the partial balance sheet. step by step please. Current Attempt in Progress On December 31, 2023, Blossom Corporation, a

can you please help me finish the partial balance sheet. step by step please.
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Current Attempt in Progress On December 31, 2023, Blossom Corporation, a public company, had the following shareholders' equity accounts: During the year, the following transactions occurred: July Dec. 15 15. 1. Announced a 2 -for- 1 stock split. The market price per share on the date of the announcement was $12. Declared a 10% stock dividend to shareholders of record on December 30, distributable on January 15. On December 15 , the market price of each share was $6; on December 30,$7; and on January 15,$6. 31. Determined that profit before income tax for the year was $400,000. The company has a 30% income tax rate. Prepare the shareholders' equity section of the balance sheet at December 31, 2024. BLOSSOM CORPORATION Partial Balance Sheet December 31, 2024 Shareholders' Equity Share Capital Common Shares $1000000 Contributed Surplus - Reacquisition of Common Shares Totalshare Capital Retained Earnings TotalShareholders' Equity $ eTextbook and Media Assistance Used List of Accounts Save for Later Attempts: 1 of 3 used Submit Anower

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