On January 1, 2020, Blossom Corporation had the following stockholders' equity accounts.

Common Stock ($26par value,55,500 shares issued and outstanding)$1,443,000

Paid-in Capital in Excess of ParCommon Stock 202,000

Retained Earnings 637,000

During the year, the following transactions occurred.

Feb.1 Declared a$3cash dividend per share to stockholders of record on February 15, payable March 1.

Mar.1 Paid the dividend declared in February.

Apr.1 Announced a 2-for-1 stock split. Prior to the split, the market price per share was$35.

July1 Declared a10%stock dividend to stockholders of record on July 15, distributed July 31. On July 1, the market price of the stock was$15per share.

31 Issued the shares for the stock dividend.

Dec.1 Declared a$0.30per share dividend to stockholders of record on December 15, payable January 5, 2021.

31 Determined that net income for the year was$361,500.