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

Meat Co.
Current assets	$	14,200		Current liabilities	$	6,400
Net fixed assets		39,300		Long-term debt		10,900
				Equity		36,200
Total	$	53,500		Total	$	53,500

Loaf, Inc.
Current assets	$	4,500		Current liabilities	$	2,400
Net fixed assets		10,800		Long-term debt		3,000
				Equity		9,900
Total	$	15,300		Total	$	15,300

Suppose the fair market value of Loafs fixed assets is $15,900 versus the $10,800 book value shown. Meat pays $22,600 for Loaf and raises the needed funds through an issue of long-term debt. Construct the postmerger balance sheet, assuming that the purchase method of accounting is used.

Meat Co., post-merger
Current assets	$		Current liabilities	$
Fixed assets			Long-term debt
Goodwill			Equity
Total	$		Total	$

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