On January $1,2023$ Holland Corporation paid $$7$ per share to a group of Zeelnad Corporation shareholders to acquire $60,000$ shares of Zeeland's outstanding voting stock, representing a $60$ percent ownership interest. The remaining $40,000$ share of Zeeland continued to trade in the market close to its recent average of $$6\mathrm{.}00$ per share both before and after the acquisition by Holland. Zeeland's acquisition date balance sheet follows.