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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
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
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