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For the year ended December 31, 2020, Blossom Company reported the following:
Net income $291000
Preferred dividends declared 48800
Common dividend declared 10500
Unrealized holding loss, net of tax 4500
Retained earnings, beginning balance 392000
Common stock 198400
Accumulated Other Comprehensive Income, Beginning Balance 25100
Question 1: What would Blossom report as the ending balance of Retained Earnings?
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