help plz!

Assume that, instead of transferring the machine, Splish decides to grant 14,000 shares of its common stock ($10 par) which has a fair value of $201,000 in full settlement of the loan obligation. If Blossom State Bank treats Splish's stock as a trading investment. prepare the entries to record the transaction for both parties. (If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries.) Date December 31, 2025 December 31, 2025 Account Titles and Explanation Splish Company (Debtor): Notes Payable Interest Payable Common Stock Paid-in Capital in Excess of Par - Common Stock Gain on Restructuring of Debt Blossom State Bank (Creditor): Equity Investments Allowance for Doubtful Accounts Notes Receivable Interest Receivable Debit 167000 201000 201000 32900 Credit 140000 61000 32900 167000 201000

Assume that, instead of transferring the machine, Splish decides to grant 14,000 shares of its common stock ($10 par) which has a fair value of $201,000 in full settlement of the loan obligation. If Blossom State Bank treats Splish's stock as a trading investment. prepare the entries to record the transaction for both parties. (ff no entry is required, select "No Entry" for the account titles and enter O for the amounts. Credit account titles are outomatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries)