7 Consider the following premerger information about Firm X and Firm Y: Firm X Firm Y $92,000 $20,500 1 points 49,000 14,000 Total earnings Shares outstanding Per-share values: Market Book eBook $ $ 49 $ 18 $ 20 7 Print References Assume that Firm X acquires Firm Y by issuing long-term debt to purchases all the shares outstanding at a merger premium of $7 per share. Construct the postmerger balance sheet for Firm X assuming the use of the purchase accounting method. (Do not round intermediate calculations and round your answers to the nearest whole number, e.g., 32.) Assets from X Assets from Y 280,000 98,000 Goodwill Total Assets XY