On January $1,2024,$ Blue Spruce Systems, a U$.$S$.-$based company, purchased a controlling interest in Sandhill Management

Consultants located in Zurich, Switzerland. The acquisition was treated as a purchase transaction. The $2024$ financial statements

stated in Swiss francs are given below. SANDHILL MANAGEMENT CONSULTANTS

Consolidated Income and Retained Earnings Statement

for the Year Ended December $31,2024$

Direct exchange rates for Swiss franc are: cumulative translation adjustment using either a negative sign preceding the number e$.$g$.-2,945$ or parentheses e$.$g$.(2,945).)$