Project One Question Set

On January $1,2024,$ Splish Company purchased $8,704$ shares of Blossom Company's common stock for $$115,000.$ Immediately after the stock acquisition, the statements of financial position of Splish and Blossom appeared as follows:

$\backslash$table$[[$Acsets$,$Splish,$lossom$],[$Cash$,$$$40,870,$$$17,440$