Current Attempt in Progress On January 1, 2022, Blossom Inc had the following stockholders' equity balances. $ 820,000 570,000 Common Stock ( 410,000 shares issued) Pald-in Capital in Excess of Par-Common Stock Common Stock Dividends Distributable Retained Earnings 230,000 560,000 During 2022, the following transactions and events occurred. 1. 2 Issued 115,000 shares of $ 2 par value common stock as a result of 15% stock dividend declared on December 15,2023, Issued 57,500 shares of common stock for cash at $ 4 per share. Purchased 35,000 shares of common stock for the treasury at $5 per share, 3 S Declared and paida condividendet 115.000 Sold 5.000 horary stock for chorar Lament income of 405.000 6 Preparatochodn't statement for the year and the other with the the orpore Blom Stockholders' Equity Statement Paldin Cat ER C Stach Di Com SH Commons DELL UN c ON r y W a 3 nh f d S b n 3 > alt - /25 Balances Jan. 1 Issued 115,000 share for stock dividend Issued 57,500 shares for cash Purchased 35,000 shares of treasury stock Declared cash dividend | Question 6 of 6 -125 E Declared cash dividend Sold 5,000 shares of treasury stock Net income for year Balances, Dec 31 $ $ cTextbook and Media Save for Later Attempts: 0 of 3 used Submit Answer GA