On January 1. 2022, Blossom Corporation had retained earnings of 5541.000. During the year, Blossom had the following selected transactions. 1. Declared and paid cash dividends $121000. 2. Corrected overstate merit of 2021 net income because of inventory.r error 540.500. 3. Earned net income 5345.500. 4. Declared and paid stock dividends $450500. Determine the retained earnings balance at the end of the vear