Blossom Corp. sells idle machinery to Cullumber Company on July 1,2025 , for $41,000. Blossom agrees to repurchase this equipment from Cullumber on June 30,2026 , for a price of $43,870 (an imputed interest rate of 7% ). (a) (b) Prepare any other necessary journal entries for Blossom in 2025. (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 0 for the amounts. List debit entry before credit entry. Record journal entries in the order presented in the problem.)