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

Meat Co.
Current assets	$	12,400		Current liabilities	$	5,500
Net fixed assets		36,600		Long-term debt		10,000
				Equity		33,500
Total	$	49,000		Total	$	49,000

Loaf, Inc.
Current assets	$	3,600		Current liabilities	$	1,500
Net fixed assets		7,200		Long-term debt		2,100
				Equity		7,200
Total	$	10,800		Total	$	10,800

Suppose the fair market value of Loafs fixed assets is $10,500 versus the $7,200 book value shown. Meat pays $17,200 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	$