Explanation:
Let's assume that Jason had $4x at first and Molly had $1x at first, where x is a constant.
After Jason spent $26, he had $4x - $26 left.
After the same time, Molly had $1x + $2 left.
Since Jason had $2 less than Molly, we can write the following equation:
$4x - $26 = $1x + $2 - $2
Simplifying the equation, we get:
$4x - $26 = $1x
$3x = $26
x = $8.67
Therefore, Jason had $4x = $34.68 at first.