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On January 1, 2025, Blossom Inc. had...

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Accounting

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On January 1, 2025, Blossom Inc. had these stockholders' equity balances. Common Stock, $1 par (2,100,000 shares authorized, 620,000 shares issued and outstanding) $620,000 Paid-in Capital in Excess of Par 1,550,000 Retained Earnings 680,000 Accumulated Other Comprehensive Income 55,000 During 2025, the following transactions and events occurred. 1. Issued 52,500 shares of $1 par value common stock for $2 per share 2. Issued 59,500 shares of common stock for cish at $6 per share 3. Purchased 23,500 shares of commonstock for the treasury at $3,60 per share. 4. Declared and paid a cash dividend of $214,000. 5. Earned net income of $387,000. 6. Had other comprehensive income of $17,200. Prepare thestockholders' equity section of the balance sheet at December 31, 2025. (Enter occount name only and do not provide descripthe information. eTextbook and Media List of Accounts

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