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For the year ending December 31,2022, Blossom Company reports net income $144,000 and cash dividends $84,000. Determine the balance in retained earnings at December 31

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For the year ending December 31,2022, Blossom Company reports net income $144,000 and cash dividends $84,000. Determine the balance in retained earnings at December 31 assuming the balance in retained earnings on January 1,2022 , was $220,000. (List items that increase retained earnings first.)

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