On December 31, 2020, Blossom Corporation had the following shareholders equity accounts:

BLOSSOM CORPORATION Balance Sheet (partial) December 31, 2020
Shareholders equity
Common shares (unlimited number of shares authorized, 94,000 issued)		$1,180,000
Retained earnings		580,000
Total shareholders equity		$1,760,000

During the year, the following transactions occurred:

Jan.		15		Declared a $1 per share cash dividend to shareholders of record on January 31, payable February 15.
July		1		Announced a 3-for-2 stock split. The market price per share on the date of the announcement was $12.
Dec.		15		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 $8; on December 30, $9; and on January 15, $8.
		31		Determined that profit before income tax for the year was $439,000. The company has a 25% income tax rate.