At January 1, 2022, Blossom Company reported Retained Earnings of $413000. During 2022, Blossom had a net loss of $88500 and paid dividends to the stockholders of $59000. At December 31, 2022, the balance in Retained Earnings is .

Fractional reserve banking which of the following statements about fractional reserve banking are correct? check all that apply. fractional reserve banking allows banks to create money through the lending process. fractional reserve banking does not allow banks to hold excess reserves. fractional reserve banking allows banks to create additional wealth by lending some reserves. fractional reserve banking relies on everyone not withdrawing their money at the same time.