Blossom co aqcuired $25\%$ of the $450,000$ shares of outstanding common stock of wildhorse inc on december $31,2025.$ The purchase price was $$3,330,000.$ Wildhorse declared and paid $$1\mathrm{.}20$ per share cash dividends on june $18,2026,$ and on november $29,2026.$ Wildhorse reported net income of $$1,080,000$ for $2026.$ The fair value of wildhorse common stock was $$28$ per share at December $31,2026.$ a$)$ prepare the journal entries for blossom co for $2026,$ assuming that blossom cannot exercise significant influence over wildhorse