On January 2nd 20 25 cool Lumber Company purchase 20% of the outstanding common stock of bell Blossom Inc and subsequently used the equity method to account for the investment during 2025 Blossom reported net income of 1,380,000 and distributed dividends for 600,000 the ending balance in the investment in coulumber account at December 31st 2025 was 1,020,000 after applying the equity method during 2025 what purchase price did Columbia pay for the investment in blossoming