Assume that the following balance sheets are stated at book value. The fair market value of James's fixed assets is equal to $10,000. Jurion pays $16,840 for James and raises the needed funds through an issue of long-term debt.

Jurion Co.Current assets$12,525Current liabilities$5,580Net fixed assets37,050Long-term debt10,150Equity33,845Total$49,575Total$49,575

James, Inc.Current assets$3,610Current liabilities$1,580Net fixed assets6,960Long-term debt2,110Equity6,880Total$10,570Total$10,570

Construct a postmerger balance sheet assuming that Jurion Co. purchases James, Inc., and the purchase method of accounting is used.(Do not round intermediate calculations.)

Jurion Co., post-mergerCurrent assets$Current liabilities$Fixed assetsLong-term debtGoodwillEquityTotal$Total$