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Business, 20.02.2020 21:54 dereklilgoat

Blossom Company started the year with $44400 in its Common Stock account and a balance in Retained Earnings of $32600. During the year, the company earned net income of $35500 and declared and paid $14800 of dividends. In addition, the company sold additional common stock amounting to $20700. As a result, the amount of its retained earnings at the end of the year would be .

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