2. Incorporating Goodwill Assume that the following balance sheets are stated at book value. Jurion Co. Current assets $ 8,000 Current liabilities$ 4,500 Net fixed assets 23,000 Long-term debt 8,500 Equity 18,000 Total $31,000 Total $31,000James's, Inc. Current assets $2,600 Current liabilities$1,900 Net fixed assets 7,100 Long-term debt 1,200 Equity 6,600 Total $9,700 Total $9,700 Suppose the fair market value of James's fixed assets is $12,000 versus the $7,100 book value shown. Jurion pays $17,000 for James's and raises the needed funds through an issue of long- term debt. Construct the post-merger balance sheet now using the acquisition method