Assume that the following balance sheets are stated at book value. Bidder Co. Current assets $11,650Current liabilities$5,000 Net fixed assets 39,000Long-term debt 16,950 Equity 28,700 $50,650Total $50,650 Total Target, Inc. Current assets $4,500 Current liabilities $2,710 Net fixed assets 15,000Long-term debt 8,090 Equity 8,700 Total $19,500Total $19,500 Suppose the fair market value of Target's fixed assets is $19,900 versus the $15,000 book value shown. Bidder pays $24,900 for Target and raises the needed funds through an issue of long-term debt. What is the post-merger long-term debt? 8090 16950 25040 41850 49940