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The following account balances relate to the stockholders' equity accounts of Blossom Corp. at year - end. 2 0 2 5 2 0 2 4

The following account balances relate to the stockholders' equity accounts of Blossom Corp. at year-end.
2025
2024
Common stock, 11,270 and 10,770 shares, issued
and outstanding, respectively, for 2025 and 2024
Preferred stock, 4,890 shares, issued and outstanding
Retained earnings
$171,580
117,360
324,360
$150,780
117,360
270,360
A small stock dividend was declared and issued in 2025. The market price of the shares issued was $8,330. Cash dividends of $20,320
were declared and paid in both 2025 and 2024. The common stock and preferred stock have no par or stated value.
(a)
What was the amount of net income reported by Blossom Corp. in 2025?
$
Net income

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