2. Balance Sheets for Mergers (LO2] Consider the following premerger information about Firm X and Firm Y: Firm X $74,000 30,000 Firm Y $19,000 20,000 Total earnings Shares outstanding Per-share values: Market Book $ 53 $ 16 $ 17 $ 6 Assume that Firm X acquires Firm Y by paying cash for all the shares outstanding at a merger premium of $5 per share. Assuming that neither firm has any debt before or after the merger, construct the postmerger balance sheet for Firm X assuming the use of (a) pooling of interests accounting methods and (b) purchase accounting methods