Assume that the following balance sheets are stated at book value. The fair market value of James' fixed assets is equal to $11,000. Jurion pays $18,040 for James and raises the needed funds through an issue of long-term debt.

Jurion Co.
Current assets	$	13,275		Current liabilities	$	5,980
Net fixed assets		38,550		Long-term debt		10,650
				Equity		35,195
Total	$	51,825		Total	$	51,825

James, Inc.
Current assets	$	3,910		Current liabilities	$	1,980
Net fixed assets		7,760		Long-term debt		2,410
				Equity		7,280
Total	$	11,670		Total	$	11,670

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-merger
Current assets	$		Current liabilities	$
Fixed assets			Long-term debt
Goodwill			Equity
Total	$		Total	$