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Exercise 15-16 The following information has been taken from the ledger accounts of Blossom Corporation. Total income since incorporation Total cash dividends paid Total value

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Exercise 15-16 The following information has been taken from the ledger accounts of Blossom Corporation. Total income since incorporation Total cash dividends paid Total value of stock dividends distributed Gains on treasury stock transactions Unamortized discount on bonds payable $316,000 64,000 33,000 19,000 32,000 Determine the current balance of retained earnings. Current balance of retained earnings Click if you would like to Show Work for this question: Open Show Work Question Attempts: 0 of 3 used SAVE FOR LATER SURMIT

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