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Compute the following measures for 2025 based on the balance sheet and additional information provided.Additional information:1. Common stock outstanding January 1,2025, was 25,600 shares, and

Compute the following measures for 2025 based on the balance sheet and additional information provided.Additional information:1. Common stock outstanding January 1,2025, was 25,600 shares, and 40,000 shares were outstanding at December 31, 2025 (use a simple average for weighted average calculator)2.The market price of Blossom stock was $13 on December 31, 20253. Cash dividends of $22,000 were declared and paid

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Here is the income statement for Blossom, Inc. Blossom, Inc. Income Statement For the Year Ended December 31, 2025 Net sales $444,800 Cost of goods sold 240,700 Gross prot 204,100 Expenses (including $10,200 interest and $23,700 income taxes) 75,400 Net income $128,700

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