For the year ended December 31, 2025, Blossom Inc. reported the following: Net income Preferred dividends declared Common dividends declared Unrealized holding loss, net of tax Retained earnings, beginning balance Common stock Accumulated other comprehensive income. beginning balance (net gains) $506000 77100 O $1134800 O $1057700 O $1095000 O $1047600 27200 10100 656000 350400 38000 What would Blossom report as the ending balance of Retained Earnings?

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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For the year ended December 31, 2025, Blossom Inc. reported the following:
Net income
Preferred dividends declared
Common dividends declared
Unrealized holding loss, net of tax
Retained earnings, beginning balance
Common stock
Accumulated other comprehensive income,
beginning balance (net gains)
$506000
O $1134800
$1057700
O $1095000
O $1047600
77100
27200
10100
656000
350400
38000
What would Blossom report as the ending balance of Retained Earnings?
Transcribed Image Text:For the year ended December 31, 2025, Blossom Inc. reported the following: Net income Preferred dividends declared Common dividends declared Unrealized holding loss, net of tax Retained earnings, beginning balance Common stock Accumulated other comprehensive income, beginning balance (net gains) $506000 O $1134800 $1057700 O $1095000 O $1047600 77100 27200 10100 656000 350400 38000 What would Blossom report as the ending balance of Retained Earnings?
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