amounts are in $ thousands: F. Corp J. Corp J. Corp Book Value Book Value Fair Value Cash & receivables $ 11,000 300 $ 250 Inventory $ 12,500 $ 1,700 $ 3,450 PP&E (net) $ 28,000 $ 2,500 $ 4,100 $ 51,500 $ 4,500 7,800 Current Payables $ 7,500 550 600 Long Term Debt $ 14,000 S 2,000 S 1,700 $ 21,500 $ 2,550 $ 2,300 Net Assets $ 30,000 u 1,950 un 5,500 Equity: Capital Stock at Par ($1) $ 6,000 400 Addt'l Paid In Capital $ 5,000 700 Retained Earnings $ 19,000 850 Total Equity $ 30,000 1,950