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A comparative balance sheet for Blossom Corporation is presented as follows. Additional information: Net...

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Accounting

A comparative balance sheet for Blossom Corporation is presented as follows.
Additional information:
Net income for 2025 was $128,140. No gains or losses were recorded in 2025.
Cash dividends of $63,800 were declared and paid.
Bonds payable amounting to $50,000 were retired through issuance of common stock.
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