As of December 31, 2025 Assets Liabilities and Stockholders' Equity Cash $102,000 Accounts payable $140,000 Land 225,500 Notes payable (long-term) 262,000 Equipment, net Trademark 215,000 Common stock 149,000 39,500 $582,000 Retained earnings 31,000 Total assets Total liabilities and stockholders' equity $582,000 Additional Information: 1. Land is undervalued by $21,000. 2. Equipment is overvalued by $3,000. Blossom agrees to sell the business to Linden for $358,500. Prepare the entry to record the purchase of Blossom Company on Linden's books. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. List all debit entries before credit entries.) Account Titles and Explanation Debit Credit