Silver Enterprises has acquired All Gold Mining in a merger transaction. Construct the balance sheet for the new corporation if the merger is treated as a purchase for accounting purposes. The market value of All Gold Mining’s fixed assets is $6,700; the market values for current and other assets are the same as the book values. Assume that Silver Enterprises issues $12,500 in new long-term debt to finance the acquisition. The following balance sheets represent the premerger book values for both firms: 

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Silver Enterprises Current Current assets $ 9,100 liabilities $ 4,600 Long- Other term 2,200 4,300 assets debt Net fixed 16,400 Equity 18.800 $27,700 assets Total $27,700 Total All Gold Mining Current Current assets $2,200 liabilities $1,900 Long- Other term assets 750 debt Net fixed assets 5.300 Equity 6,350 Total $ 8,250 Total $ 8,250