Blossom Corporation's comparative balance sheets are presented below.$-/1$Blossom CorporationComparative Balance SheetsDecember $3120272026$Cash$ $15,000$$ $10,200$Accounts receivable$21,40023,800$Land$19,80026,400$Buildings$70,10070,100$Accumulated depreciation$-$buildings$(15,300)(10,800)$Total$$111,000$$$119,700$Accounts payable$ $12,800$$ $30,800$Common stock$74,60070,400$Retained earnings$23,60018,500$Total$$111,000$$$119,700$Additional information:$1.$ Net income was $$22,800.$ Dividends declared and paid were $$17,700\mathrm{.}2.$ No noncash investing and financing activities occurred during $2027\mathrm{.}3.$ The land was sold for cash of $$4,500.$