Blossom Company reported retained earnings at December 31, 2021, of $300,000. Blossom had 190,000 shares of...

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Blossom Company reported retained earnings at December 31, 2021, of $300,000. Blossom had 190,000 shares of common stock outstanding at the beginning of 2022. The following transactions occurred during 2022. 1. A cash dividend of $0.35 per share was declared and paid. 2. A 5% stock dividend was declared and distributed when the market price per share was $13 per share. 3. Net income was $280,000. Compute the ending balance in retained earnings at the end of 2022. Retained earnings $ Blossom Company reported retained earnings at December 31, 2021, of $300,000. Blossom had 190,000 shares of common stock outstanding at the beginning of 2022. The following transactions occurred during 2022. 1. A cash dividend of $0.35 per share was declared and paid. 2. A 5% stock dividend was declared and distributed when the market price per share was $13 per share. 3. Net income was $280,000. Compute the ending balance in retained earnings at the end of 2022. Retained earnings $