Assume that the following balance sheets are stated at book value.

Meat Co.
Current assets	$	14,400		Current liabilities	$	6,500
Net fixed assets		39,600		Long-term debt		11,000
				Equity		36,500
Total	$	54,000		Total	$	54,000

Loaf, Inc.
Current assets	$	4,600		Current liabilities	$	2,500
Net fixed assets		11,200		Long-term debt		3,100
				Equity		10,200
Total	$	15,800		Total	$	15,800

Suppose the fair market value of Loafs fixed assets is $16,500 versus the $11,200 book value shown. Meat pays $23,200 for Loaf and raises the needed funds through an issue of long-term debt. Construct the postmerger balance sheet under the purchase accounting method.