In 2026, Blossom Company purchased the net assets of Ayayai Corporation for $2226400. On the date...

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In 2026, Blossom Company purchased the net assets of Ayayai Corporation for $2226400. On the date of the transaction, Ayayai had $607200 of liabilities. The fair value of Ayayai's assets when acquired were as follows: Current assets Noncurrent assets $1092960 2550240 $3643200 How should the $809600 difference between the fair value of the net assets acquired ($3036000) and the cost ($2226400) be accounted for by Blossom? In 2026, Blossom Company purchased the net assets of Ayayai Corporation for $2226400. On the date of the transaction, Ayayai had $607200 of liabilities. The fair value of Ayayai's assets when acquired were as follows: Current assets Noncurrent assets $1092960 2550240 $3643200 How should the $809600 difference between the fair value of the net assets acquired ($3036000) and the cost ($2226400) be accounted for by Blossom?